NASDAQ 2,107.86 -2.06%
Leading Sectors
Tobacco +.11%
Restaurants -.13%
Hospitals -.23%
Lagging Sectors
Networking -3.45%
Defense -3.59%
Airlines -6.79%
Other
Crude Oil 43.68 -.52%
Natural Gas 5.95 +.73%
Gold 428.10 -.26%
Base Metals 117.17 -6.76%
U.S. Dollar 82.50 -.02%
10-Yr. T-note Yield 4.29% +.09%.
VIX 13.98 -.71%
Put/Call .76 unch.
NYSE Arms 2.49 +87.22%
After-hours Movers
Recommendations
After-hours News
BOTTOM LINE: The Portfolio finished lower today on losses in my technology, security and biotechnology longs. I did not trade in the afternoon, thus leaving the Portfolio 25% net long. The tone of the market worsened throughout the day as volume remained heavy and the advance/decline line finished at its lows. While a short-term bounce is likely near-term, measures of investor anxiety are not yet at levels normally associated with bottoms. As well, some technical damage is being done that will need time to repair.
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