Monday, July 18, 2005

Stocks Finish Near Lows on Light Volume

Evening Review
Detailed Market Summary
Market Gauges
Daily ETF Performance
Style Performance
Market Wrap CNBC Video(bottom right)
S&P 500 Gallery View
Economic Calendar
Timely Economic Charts
PM Market Call
After-hours Movers
Real-time/After-hours Stock Quote
In Play

BOTTOM LINE: The Portfolio finished lower today on losses in my Networking, Semiconductor and Medical longs. I took profits in a long in the afternoon and added SPY short, thus leaving the Portfolio 75% net long. Today's action wasn't too bad considering recent gains, but the move higher in long-rates and earnings releases may cause some turbulence near-term. I am posting an abbreviated version of the closing report due to a scheduling conflict.

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