S&P 500 1,186.55 +.08%
DJIA 10,452.25 -.11%
NASDAQ 2,035.56 +.25%
Russell 2000 607.82 -.01%
DJ Wilshire 5000 11,698.11 +.11%
S&P Barra Growth 574.46 +.07%
S&P Barra Value 607.34 +.01%
Morgan Stanley Consumer 588.48 -.16%
Morgan Stanley Cyclical 715.76 -.63%
Morgan Stanley Technology 473.26 +.25%
Transports 3,595.46 -.27%
Utilities 363.12 +.18%
Put/Call .80 unch.
NYSE Arms .90 +18.98%
Volatility(VIX) 13.74 +.81%
ISE Sentiment 194.00 +68.70%
US Dollar 86.09 +.37%
CRB 294.03 -.28%
Futures Spot Prices
Crude Oil 47.25 unch.
Unleaded Gasoline 143.10 +1.17%
Natural Gas 6.34 -.81%
Heating Oil 139.30 +2.56%
Gold 421.10 -.21%
Base Metals 120.03 -.05%
Copper 136.30 -.94%
10-year US Treasury Yield 4.09% +.28%
Leading Sectors
Nanotechnology +1.38%
Gaming -1.03%
Internet +.98%
Lagging Sectors
Drugs -.69%
Oil Tankers -1.48%
Steel -1.94%
BOTTOM LINE: The Portfolio is higher mid-day on gains in my Internet, Wireless and Computer longs. I have not traded today, thus leaving the Portfolio 100% net long. The tone of the market is modestly positive as the advance/decline line is slightly higher, most sectors are higher and volume is average. Measures of investor anxiety are mostly lower. Today’s overall market action is positive, given the weaker economic reports and yesterday’s sharp gains. I expect US stocks to trade modestly higher into the close on short-covering and bargain hunting.
No comments:
Post a Comment