2.08.2010

THE NUMBERS


Equities closed lower today after giving the upside a run in the morning- SPX -9.5, NAZ -15 and the DJIA -104.


Strongest sectors- homies, ags, junk, airlines and retail while metals, real estate, reits, financials and banks lagged.


NYSE- 850 net losers;

NAZ- 600 net losers;

SPX - 115 GREEN;

NDX- 45 GREEN;


TRIN- 1.99 with down volume about 3x the up.


VIX- 26.5 and higher by about 1.5% and about 10% above the SMA 10.


RSI 2 levels between 10 and 15 on the major indexes so another sell off tomorrow may bring some significant buy signals for the longs-


Also seems like support on the SPX near 1050 and below that at the SMA 200 at/near 1020- here we go.

1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

stay with the numbers.

10:11 PM  

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