THE MIX
Markets have opened mixed with the banks and fins leading higher and techs/NAZ heading lower. SPX +6 and NAZ -6.
Strongest sectors- financials, banks, utils, shipping and retail while real estate, semis, ags, metals and tech lag.
NYSE- 1200 net winners;
NAZ- 560 net winners;
NDX - 35 GREEN;
OEX- 75 GREEN;
DJIA 21 GREEN;
VIX- flattish at 43;
TRIN- .63 with Up volume 4x the down;
Gold- down $9.5 at $921;
Crude down about $2 at $44.4;
WINNERS- C BAC NSC AVP WY USB WFC AMLN WFMI PETM JOYG CHRW AMGN;
LOSERS- SNDK FAST BIDU LAMR APOL MRVL ORCL DELL S GILD QCOM OXY INTC TXN SGP;
Weird market as the NDX is very weak while the DJIA/SPX hangs in with gains near 1%- I guess it can be a called a stalemate for now-
The Markets are very over bought in the short term with RSI (2) levels well over 95- guessing the gap gets closed and the shorts may win a bit today.
2 Comments:
Florida #1 seed in the NIT!
What can I say?
Go Gators..... There is always next year.
GOOD LUCK TO THE SLIMEY CREW
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