S&P 500 1,189.90 -.14%
DJIA 10,272.06 -.25%
NASDAQ 2,041.91 -.55%
Russell 2000 626.44 -.63%
DJ Wilshire 5000 11,810.44 -.16%
S&P Barra Growth 567.77 -.03%
S&P Barra Value 618.11 -.24%
Morgan Stanley Consumer 569.56 -.14%
Morgan Stanley Cyclical 708.65 -.51%
Morgan Stanley Technology 472.22 -.88%
Transports 3,386.49 -.73%
Utilities 382.53 +.48%
Put/Call 1.01 +13.48%
NYSE Arms 1.22 -12.0%
Volatility(VIX) 12.68 +4.11%
ISE Sentiment 128.00 -48.18%
US Dollar 88.44 -.38%
CRB 311.85 -.12%
Futures Spot Prices
Crude Oil 60.65 +1.35%
Unleaded Gasoline 167.95 +1.44%
Natural Gas 7.18 -2.45%
Heating Oil 168.00 +1.79%
Gold 441.80 -.05%
Base Metals 123.51 -.64%
Copper 156.30 +.81%
10-year US Treasury Yield 3.89% -.54%
Leading Sectors
Energy +1.47%
Homebuilding +1.40%
Oil Service +1.12%
Lagging Sectors
Networking -1.51%
Semis -1.56%
Airlines -2.81%
BOTTOM LINE: The Portfolio is slightly lower mid-day on losses in my Internet and Semiconductor longs. I have not traded today, thus leaving the Portfolio 75% net long. The tone of the market is negative as the advance/decline line is lower, most sectors are lower and volume is light. Measures of investor anxiety are mostly higher. Today’s overall market action is modestly negative. The consumer discretionary industry saw the greatest amount of net insider selling in the S&P 500 last week. Insiders sold $110,306,445 worth of stock and made no purchases. The energy industry, which led insider selling the prior week, saw no purchases or sales. I expect US stocks to trade mixed-to-higher into the close on short-covering and quarter-end window-dressing.
No comments:
Post a Comment