- Small-Cap Growth +.93%
- 1) Computer Hardware +2.79% 2) Gaming +2.49% 3) HMOs +2.41%
- NBIX, EPZM, CRAY, ANIP, CVG, PCYC, VRX, WPRT, SONC, WDAY, RMTI, SYNA, P, SPLK, PVA, SUNE and LNG
- 1) ELNK 2) HA 3) DISH 4) SD 5) EOG
- 1) LMT 2) T 3) PCYC 4) INTC 5) GOOG
1 comment:
A financial market roundup for Tuesday, January 7, 2014..... Volatility, ^VIX, plummeted, as traders took European Financials, EUFN, such as Ireland’s Bank, IRE, Spain’s Bank, SAN, and Germany’s Bank, DB, as well as Bank of America, BAC, Citigroup, C, and JPMorgan, JPM, higher in front of release of the US Federal Reserve meeting notes scheduled for release Wednesday January 8, 2014.
The trade higher in these revived Eurozone Stocks, EZU, and the European Nations, EWI, EWG, EFNL, EWN, EWQ, EIRL, EWP, EWO, and GREK, as well as revived Global Financials, IXG, World Stocks, VT, Global Producers, FXR, and Nation Investment, EFA, IFSM, which had sold off on January 2, 2013. Netherlands Life Insurance Company, ING, rallied to a new high. Eurozone Debt, EU, rose strongly.
US Refiner, VLO, which sells refined petroleum products into the Eurozone, rose strongly to a new rally high, leading US Infrastructure, stocks, PKB, higher. Ireland’s, STX, COV, and IR, as well as Resorts and Casinos, BJK, such as MGM, MPEL, WYNN, rose to new rally highs. Clean Energy, PBD, such as FCEL, HYGS, CUI, PLUG, CTS, OESX, VICR, rose to a new rally highs. Google, GOOG, popped to a new rally high taking Internet Retail, FDN, Nasdaq Internet, PNQI, Large Cap Nasdaq, QQQ, and Nasdaq 100, QTEC, higher to match their previous highs. TV Broadcasters, LVNTA, CHTR, SATS, CMCSA, and DTV, traded higher. Assets Managers, such as IVZ, WDR, AMG, BX, and BLK, traded higher. Communication Equipment Investments, MU, INTC, ALU, NOK, ARRS, HRS, LORL, WDC, STX. seen in combined ongoing Yahoo Finance Chart, traded higher.
The rally in front of the release of the FMOC notes on Tuesday January 7, 2013, with the S&P 500, SPY, 0.6%, the Russell 2000, IWM, 0.8%, Regional Banks, KRE, 0.9%, and the European Financials, EUFN, 2.0%, and Greece, GREk, 2.7%, made for a great short selling opportunity, as in a bear market one sells into pips, just like in a bull market one buys into dips.
Perhaps one might find my Stockcharts.com Chartlist helpful, where I provide a list of ETFs for a Margin Portfolio, which include, STPP, HDGE, XVZ OFF, JGBS, EUO, HYHG, SAGG, SLV, and GLD, as well as a number of Bear Market ETFS for one’s consideration.
http://tinyurl.com/lcl9c8y
Post a Comment