CLOSING NUMBERS
Equity markets closed higher led by the DJIA and the SPX while tech lagged. The big story of the day was probably the dollar which sank another 1% - a big move and surprisingly small move in the tech heavy NDX in light of the move by the dollar.
Strongest sectors- gaming, reits, oil service, brokers and real estate while airlines, biotech, homies and retail lagged.
NYSE- 1250 net green;
NAZ- 430 net green;
NDX- 58 GREEN;
SPX - 301 GREEN;
VIX- down 3.6% at 23.2 and about 2.5% below the SMA 10.
RSI 2 levels as follows:
SPX - 80
DJIA -76
NAZ -95
NDX- 96
RUT -85
Pretty extended numbers on the RSI list - so maybe a choppy to down day tomorrow- big sell off not all the likely for now- EWA EWC EWZ EEM all mentioned yesterday all acting well today- seems like a low risk area to invest - and one can even hedge the SPY against it if one prefers that game.
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