Wednesday, December 29, 2004

Wednesday Close

S&P 500 1,213.45 -.01%
NASDAQ 2,177.19 -.01%


Leading Sectors
Oil Service +1.39%
Semis +.89%
Disk Drives +.70%

Lagging Sectors
Wireless -.54%
I-Banks -.55%
Defense -1.62%

Other
Crude Oil 43.65 +.02%
Natural Gas 6.44 +.67%
Gold 437.30 +.07%
Base Metals 124.19 +1.35%
U.S. Dollar 80.88 +.20
10-Yr. T-note Yield 4.32% +.73%.
VIX 11.62 -3.17%
Put/Call 1.14 +67.65%
NYSE Arms .90 +47.54%

After-hours Movers

Recommendations

After-hours News

BOTTOM LINE: The Portfolio finished higher today on gains in my security and semi-equipment longs. I did not trade in the afternoon, thus leaving the Portfolio 100% net long. The overall tone of the market improved throughout the day with the advance/decline line finishing at its daily highs. Volume fell slightly as stocks consolidated recent gains. Considering the rise in energy prices and interest rates, today's action was positive.

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