1.14.2010

MORNING LOOK


Equities are trading flat after opening higher this morning-SPX flat - NAZ +3 DJIA +14.


Strongest sectors- gaming, drugs, banks, oil service and tech while nat gas, semis, metals, retail and internets lag.


NYSE- flat internals;

NAZ- 150 net winners;

SPX- 205 GREEN;

NDX- 40 GREEN;


Gold down a hair at 1136 while silver is down 8 cents at 18.57.


Oil and nat gas both down very little.


VIX- down a bit at 17.73 and about 6% under the SMA 10.


TRIN- .99 with up and down volume about equal-


Still long LVS/XME /VVTV and just wondering about the recent under performance of the EWZ this has been a big dog during the last 12 months and now lagging -


Looking to add to LVS and XME - as I don't see the markets getting crushed anytime soon.

4 Comments:

Blogger tamworth said...

What do you think of your man's plan to tax trading transactions? Isn't that a great idea?? .025% every transaction....

Fascism is here once again.

11:43 AM  
Blogger tamworth said...

Sorry, I meant .25% that your man, Barrack, wants to impose on every trade. Great idea, huh?? What kind of idiots does he have giving him that advice???

12:02 PM  
Blogger DAVID said...

they know that is a bad idea - not going to happen

12:48 PM  
Anonymous PENNY STOCK INVESTMENTS said...

Its to early.

10:22 PM  

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