MORNING TRENDS
Equities are trading higher this morning but it seems pretty uninspiring- SPX +3.75, NAZ +7 and DJIA +14.
Strongest sectors- nat gas, energy, ags, junk, drugs and defense while internets, brokers, airlines and banks lag.
NYSE- 625 net green;
NAZ- 150 net green;
SPX- 350 GREEN;
NDX- 71 GREEN;
TRIN- 1.21 with up volume a little bit better than down-
VIX- 21.25 and down 1.6% - trading 3% under the SMA 10.
The dollar is bouncing around this morning and seems to be fairly trendless
Not expecting much today as it just feels like equities are tired and won't go up or down from these levels without some new catalyst- .
1 Comments:
Excellent
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