3.03.2010

IT CONTINUES


Here we go again- equities are up along with metals and oil- the SPX +7, NAZ +12 and the DJIA +55.


Strongest sectors- metals, emerging markets, energy, homies and gaming while brokers, reits, real estate and drugs lag.


NYSE- 1300 net winners;

NAZ- 700 net winners;

SPX- 390 GREEN;

NDX- 70 GREEN;


VIX- down 3% and about 7% under the SMA 10;


TRIN- .56 with up volume about 5x the down;


RSI- 2 levels still above 95 on major indexes - selling some longs and thinking we pull back some time before summer- letting go of more SSO;


1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

New york new york

10:01 PM  

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