8.23.2010

THE SLOP


At noon equities are near the flat line with the exception of the NAZ/NDX which are down about .5% -

Strongest sectors- oil service, drugs, consumers, energy, banks and real estate while gaming, semis, tech, metals, homies and small caps lag.


NYSE- 250 net losers;

NAZ- 750 net losers;

SPX- 213/280;
NDX - 23/75;


TRIN-.97;


VIX - 25.4 flat on the day and trading near the SMA 10;


GOLD- down $3 at 1225;


10 year Note- rate up a hair at 2.614%;


The Baltic Dry index may be hinting at something;


Barry on housing;



Equities were strong at the open with the DJIA up by about 80 points but quickly sold off as tech led lower- No clue for any particular reason but it just did-


Looking for a choppy market for the balance of the day with a little bias to the upside- and a little interesting how European markets look to be closing to the upside;


1 Comments:

Anonymous QUALITY STOCKS UNDER 5 DOLLARS said...

Now thats news.

4:46 PM  

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