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.
3 Comments:
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.
they know that is a bad idea - not going to happen
Its to early.
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