S&P 500 1,199.85 -.14%
DJIA 10,374.48 -.30%
NASDAQ 2,068.89 -.05%
Russell 2000 642.76 +.20%
DJ Wilshire 5000 11,930.50 -.07%
S&P Barra Growth 572.41 -.36%
S&P Barra Value 623.32 +.07%
Morgan Stanley Consumer 574.12 -.43%
Morgan Stanley Cyclical 722.24 +.04%
Morgan Stanley Technology 475.53 -.25%
Transports 3,513.88 +.95%
Utilities 385.35 -.16%
Put/Call .78 +4.0%
NYSE Arms 1.21 +81.62%
Volatility(VIX) 11.77 +1.64%
ISE Sentiment 211.00 +19.89%
US Dollar 89.15 +.18%
CRB 303.10 -.45%
Futures Spot Prices
Crude Oil 57.11 -.26%
Unleaded Gasoline 158.60 +.09%
Natural Gas 7.09 +.11%
Heating Oil 160.37 +.13%
Gold 438.50 -.02%
Base Metals 122.58 -.75%
Copper 156.05 -.10%
10-year US Treasury Yield 3.98% +.24%
Leading Sectors
Gold & Silver +3.79%
Insurance +1.63%
Networking +1.21%
Lagging Sectors
Foods -.86%
Semis -.90%
Broadcasting -1.19%
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 DNA.
Afternoon/Evening Headlines
Bloomberg:
- UK Prime Minister Tony Blair said in an interview with the AP that coalition forces need to stay in Iraq until the insurgency is defeated.
- Home Depot will put convenience stores selling gasoline and food next to four of its Nashville warehouse stores to increase customer visits.
- Canada will seek to ban bulk sales of patented medicines to the US to prevent shortages that could arise if that country’s government allows citizens to buy Canadian drugs.
BOTTOM LINE: The Portfolio finished slightly lower today on losses in my Internet and Homebuilding longs. I did not trade in the afternoon, thus leaving the Portfolio 100% net long. The tone of the market was slightly negative today as the advance/decline finished nearly unchanged, sector performance was modestly negative and volume was around average. Measures of investor anxiety were mostly higher into the close. Overall, today’s market action was negative. The 5.0% decline in Google (GOOG) over the last two days looks like healthy profit-taking to me. I would look to buy more GOOG around the $280-$290 level.
No comments:
Post a Comment