8.09.2010

AFTERNOON LOOK


Boring day in the equity markets today sans the action in HPQ and V - the SPX +3.7, NAZ +10.65 and the DJIA +31.


Strongest sectors- homies, retail, trannies, reits and small caps while nat gas, metals, oil service and biotech lags.


NYSE- 1130 net winners;

NAZ- 560 net winners;

SPX- 366/130;

NDX 66/30;

RUT- 1280/570;


VIX higher by 2.5% at 22.25;


TRIN- 1.17;


Up volume almost double the down on the NYSE;


Gold- down $5 near the $1200 number;


Ten year rate down a hair at 2.82%;


Market internals stronger than the indexes so looking for a pop higher later in the day- anticipating buying some SPY/QQQQ - although probably gonna stay with the Q's;


Nice article in Barrons pumping up V today and sold my HPQ that i bought in the AH market on Friday.


1 Comments:

Anonymous QUALITY STOCKS UNDER 5 DOLLARS said...

Nice after noon.

4:58 PM  

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