10.23.2009

THE LOOK


Markets are trading mixed with the NAZ/NDX trading up on the heels of the MSFT/AMZN numbers while the SPX/DJIA are both lower -


Strongest sectors- internets, retail, gaming, ags and metals while semis, trannies, brokers, homies and energy service lags.


NYSE- 900 net losers;

NAZ- 700 net losers;

NDX- 20 GREEN;

SPX- 95 GREEN;


VIX- higher by 2% at 21.2 and about 3% under the SMA 10.


TRIN- 1.06 with up volume about half the down.


Its all about the dollar and if the dollar has found a floor near the 75 level on the basket - equities have probably found a ceiling- other than that probably choppy for the rest of the day and back to get em on Monday.

1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

Markets will go up up and away.

2:35 PM  

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