Tuesday, December 28, 2004

Tuesday Close

S&P 500 1,213.54 +.72%
NASDAQ 2,177.19 +1.07%

Leading Sectors
Homebuilders +2.36%
Restaurants +1.8%
Biotech +1.71%

Lagging Sectors
Wireless +.37%
Disk Drives +.36%
Telecom +.31%

Crude Oil 41.88 +1.36%
Natural Gas 6.6.21 +.86%
Gold 444.80 -.31%
Base Metals 122.53 +.76%
U.S. Dollar 80.72 unch.
10-Yr. T-note Yield 4.29% -.14%.
VIX 12.0 -1.15%
Put/Call .68 -19.05%
NYSE Arms .61 -45.05%

After-hours Movers


After-hours News

BOTTOM LINE: The Portfolio finished substantially higher today on gains in my security, restaurant and internet longs. I did not trade in the afternoon, thus leaving the Portfolio 125% net long. The tone of the market improved throughout the day as volume improved and the advance/decline line finished at its daily highs. Every major sector was higher today with several making ALL-TIME highs again. As well, long-term interest rates fell in the afternoon and energy prices/US dollar stabilized. On the negative side, measures of investor anxiety fell again.

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