MORNING TRADE
Markets are up and at/near the highs of a few days ago- SPX +8, NAZ+12 and the DJIA +85 @ 10081.
Strongest sectors- real estate, reits, retail, emerging markets, ags, drugs and brokers while metals, airlines, banks, biotech and junk lags.
NYSE- 1250 net winners;
NAZ- 600 net winners;
SPX- 405 GREEN;
NDX- 80 GREEN;
VIX- 21.27- 8% below the SMA 10.
TRIN- .86 with up volume 3x the down.
RSI 2 levels:
SPX- 71
NAZ- 68
NDX- 64
DJIA 78
RUT 60
Markets up but hardly over bought after the recent down move- I bought some stuff on Friday- sold some and holding some- I suspect a nice close near the highs as all systems look to be go.
Strongest sectors- real estate, reits, retail, emerging markets, ags, drugs and brokers while metals, airlines, banks, biotech and junk lags.
NYSE- 1250 net winners;
NAZ- 600 net winners;
SPX- 405 GREEN;
NDX- 80 GREEN;
VIX- 21.27- 8% below the SMA 10.
TRIN- .86 with up volume 3x the down.
RSI 2 levels:
SPX- 71
NAZ- 68
NDX- 64
DJIA 78
RUT 60
Markets up but hardly over bought after the recent down move- I bought some stuff on Friday- sold some and holding some- I suspect a nice close near the highs as all systems look to be go.
posted by DAVID at
11:18 AM
1 Comments:
Not bad results could not have done better myself.
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