S&P 500 1,235.20 +.48%
DJIA 10,689.15 +.40%
NASDAQ 2,188.57 +.71%
Russell 2000 677.56 +1.30%
DJ Wilshire 5000 12,327.32 +.54%
S&P Barra Growth 592.89 +.50%
S&P Barra Value 637.89 +.45%
Morgan Stanley Consumer 587.18 +.43%
Morgan Stanley Cyclical 763.25 +1.36%
Morgan Stanley Technology 504.40 -.21%
Transports 3,769.46 +3.64%
Utilities 395.98 +.56%
Put/Call .89 +17.11%
NYSE Arms 1.17 +6.45%
Volatility(VIX) 10.23 -2.11%
ISE Sentiment 152.00 -7.32%
US Dollar 89.35 +.01%
CRB 303.37 -.47%
Futures Spot Prices
Crude Oil 57.85 -.29%
Unleaded Gasoline 167.25 -.21%
Natural Gas 7.55 +.07%
Heating Oil 159.65 -.08%
Gold 423.20 +.26%
Base Metals 124.31 +1.20%
Copper 159.10 -.03%
10-year US Treasury Yield 4.16 -.42%
Leading Sectors
Biotech +4.55%
Steel +4.33%
Airlines +2.50%
Lagging Sectors
Networking -.72%
HMOs -1.07%
Internet -1.23%
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
GuruFocus.com
PM Market Call
After-hours Movers
Real-time/After-hours Stock Quote
In Play
Afternoon Recommendations
Goldman Sachs:
- Reiterated Outperform on MO, UTX, EBAY, GD, DOX and ALL.
- Reiterated Underperform on TER, HBAN and THC.
Afternoon/Evening Headlines
Bloomberg:
- The president of OPEC said the oil market is well supplied as prices fall below $60/bbl.
- The Federal Trade Commission took action against eight companies it said failed to put required labels warning of sexually explicit content on e-mails.
- India Prime Minister Manmohan Singh is trying to persuade communists in his coalition government to open India’s $200 billion retail market to foreign investment, a move sought by Western companies including Wal-Mart Stores.
BOTTOM LINE: The Portfolio finished higher today on gains in my Internet, Biotech, Computer and Medical longs. I did not trade in the afternoon, thus leaving the Portfolio 100% net long. The tone of the market was positive today as the advance/decline line finished higher, most sectors rose and volume was above average. Measures of investor anxiety were mostly higher into the close. Overall, today’s market action was very positive. I would expect to see more short-covering, especially in tech, tomorrow. The European Commission recently published a report concluding that Europe is becoming a less attractive place to carry out research and development. This is more evidence of growing problems in Europe.
No comments:
Post a Comment