2.10.2010

MIDDAY REPORT


Equities are trading near the flat line after being lower earlier- the dollar again playing the big dog as it moved higher and now has flipped back down near support at the 80 area. SPX -.50, NAZ -1 and the DJIA flat.


Strongest sectors- brokers, banks, real estate, semis, reits and gaming while junk, metals, airlines, drugs and internets lag.


NYSE-440 net losers;

NAZ- 500 net losers;

SPX- 205 GREEN;

NDX- 45 GREEN;


VIX- lower by 2.5% and a bit over the SMA 10.


TRIN- .95 with down volume a hair better then the up and light over all.


Watching the dollar as it heads back to the 80 area and suspecting that support area will hold causing the equity rally to fizzle-

1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

nice picture

10:10 PM  

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