12.16.2009

THE MAN


Equities are trading higher after turnaround Tuesday came in as expected yesterday SPX +6.7, NAZ +13.6 and the DJIA +46.


Strongest sectors- metals, semis, energy, homies, brokers and airlines while defense, banks, junk, biotech and retail lags.


NYSE- 1200 net green;

NAZ- 700 net green;

SPX- 388 GREEN;

NDX- 82 GREEN;


WINNERS- AA WY SLB HAL XRX DVN DOW NVDA HANS ADBE BRCM STX MRVL LOGI;

LOSERS- STLD GILD ESRX INTC FSLR LINTA PPDI C BA LOW USB HON RTN ETR MRK;


VIX- down 4% and about 6% under the SMA 10.


TRIN- 1.32 with up volume almost double the down;


The dollar is under 77 again and down about .4% whild gold is higher by 1.15% or about $13.


Markets probably in a tight range for the rest of the day and the week so I anticipate taking some gains here and doing little else for the balance of the week /month.

1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

Nice guy or not so nice.

8:17 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home