2.19.2010

THE MOVES


Equities are trading slightly lower but well off their worst levels of the over night session- SPX -2, NAZ -7 and DJIA -20.


Strongest sectors- silver, dollar, utils, trannies and banks while nat gas, metals, real estate and semis lag.


NYSE- 200 net losers;

NAZ- 325 net losers;

SPX- flat internals;

NDX- 47 GREEN;


VIX- down slightly and about 13% under the SMA 10.


Equities really starting to shake off the discount rate hike but lots of resistance above at the SMA 50 near 1108- also RSI 2 and VIX levels ind the markets will not move much higher with out some backing and filling or a pull back.


2 Comments:

Blogger Larry Nusbaum said...

lol! - http://millionairenowbook.blogspot.com/search?q=jeff+beck

1:17 PM  
Anonymous PENNY STOCK INVESTMENTS said...

Rock and roll.

10:06 PM  

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