Bear Radar
Style Underperformer:
Sector Underperformers:
- 1) Agriculture -5.25% 2) Steel -1.74% 3) Hospitals -1.47%
Stocks Falling on Unusual Volume:
- POT, CMP, BCS, DB, BP, SCCO, PMCS, CRK, INT, HIMX, HDB, SBGI, NXST, IPI, MOS, USU, HMA, SQM, XYL, OFIX, SAVE, AGU, CF, NATI, INT, COH, DDD, SNDK, MLM, EXLS, CRK, BP, AIR, ASGN, NOV, EOC, BAS, ASGN, AFOP, VSH, X and LMNX
Stocks With Unusual Put Option Activity:
- 1) TIF 2) COH 3) FIO 4) MMM 5) KRE
Stocks With Most Negative News Mentions:
- 1) NDAQ 2) SNDK 3) SOHU 4) POT 5) MOS
Charts:
1 comment:
On Tuesday, July 30, 2013, The Interest Rate on the US Ten Year Note, ^TNX, rose to 2.60%, and the Steepner ETF, STPP, steepened, reflecting a steepening of the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX. The US Dollar, $USD, UUP, traded unchanged from yesterday at $81.81, as the Major World Currencies, DBV, and the Emerging Market Currencies, CEW, traded lower, with the Indian Rupe, ICN, and the Australian Dollar, FXA, trading strongly lower, taking India, INP, SCIN, India Earnings, EPI, and Australia, EWA, KROO, lower. Business Inside reports India is currently caught in a classic Impossible Trinity Trilemma, Reserve Bank of India Says. Chile, ECH, Israel, EIS, and Egypt, EGPT, traded lower.
India, Australia, and Chile are Nation Investment, EFA, loss leaders, as is seen in their ongoing combined Yahoo Finance Chart. The rise in the Interest Rate on the US Ten Year Note, ^TNX, on May 1, 2013, on fears that the Fed Reserve monetary policy is unable to continue to stimulate global growth and trade, was Liberalism’s “extinction event”, which terminated investment choice, propelling Emerging Market India, INP, and commodity driven Australia, EWA, and Chile, ECH, lower in value.
Copper Miners, COPX, traded lower on a plummeting price of Copper, JJC. Health Care Providers, IHF, traded lower. Agribusiness MOO, plummeted as Briefing.com reports The largest potash producer, Russia's OAO Uralkali, withdrew from a potash cartel; Potash companies traded lower: IPI -28%, POT, -17%, MOS, -17%; related company, Chile’s SQM, traded 17% lower as well.
This week we are witnessing the breakdown of Liberalism’s wealth leaders in front of the FOMC Meeting scheduled for tomorrow, examples include Russell 2000, IWM, leaders SAVE, and AMBA, both participants of Federal Reserve credit induced inflationism.
Of note, Major Airlines, Spirit Airlines, SAVE, fell 8%, after the Major Airlines seen in this Finviz Screener, broke down, and traded lower as a group yesterday. It had been moving strongly higher since May 2013.
And of note, Semiconductor Equipment And Material Provider, AMBA, fell 8%, after the Semiconductor Equipment and Material Providers, seen in this Finviz Screener, also broke down and traded lower lower as a group yesterday. Carl Cachia in Seeking Alpha article, relates AMBA has been moving strongly higher since May 2010, AMBA makes chips for smaller video cameras that are easy to use and offer high-definition video. The company can be described as a video processing specialist including software to enable portable camera innovations. AMBA's high definition video focused products offer superior performance giving it a leading share in the space. The company sells chips to a number of different companies. This diversified market coupled with the diversified customer base makes AMBA an exciting play into 2013 and 2014.
Post a Comment