CLOSING MARKETS

Enter Symbol

Enter Search String

CLOSING MARKETS

By: Day Shark Tuesday, October 30, 2007 6:09 PM

Sectors: Finance , Computer and Technology , Basic Materials , Transportation , Utilities , Medical , Consumer Staples , Industrial Products
Symbols: AAPL, ALTR, AMZN, APC, ARGN, ATI, AVP, BAX, BIDU, CAM, CELG, CVX, CYNO, DELL, DRYS, DSX, ERTS, EXM, FTI, GENZ, GOOG, HAL, HOC, ISRG, JOYG, KLAC, LVLT, LVS, MER, MGM, MTW, NFX, NIHD, NOV, NVDA, OII, PFWD, SCHN, SEPR, SIRI, SLB, SMA, SSRX, TLAB, UAUA, VLO, WYNN, XMSR, XOM, YHOO

Author

Author's Bio and Articles
Visit Author's Website

Alerts by Email

Research Articles
Stock Ranking Changes
We never spam!

Related RSS Feeds

AAPL Headline Feed

ALTR Headline Feed

AMZN Headline Feed

APC Headline Feed

ARGN Headline Feed

ATI Headline Feed

All Symbols

Sector Feeds:

A dreary, boring day on the street with oils, metals, shipping, emerging markets and gaming all acting funky while tech, airlines, reits, real estate and homies outperformed.

Key stocks belong to many of the funky sectors and most closed in the red including LVS DECK WYNN MER XOM POT MGM AMZN CELG and MTW while UA NVDA MSFT GOOG and KLAC closed in the green.

NYSE internals- 740 net losers;

NAZ internals -800 net losers;

NDX -40 WINNERS;

OEX -30 WINNERS;

IBD 100- 15 WINNERS;

IBD 20- 3 WINNERS;

Biggest winners- SEPR UAUA NVDA GENZ ERTS ALTR MSFT GOOG AVP CL EK DELL GM BAX WY SSRX ARGN EJ BIDU AAPL SCHN PFWD ISRG;

Biggest losers- EXM DRYS DSX FTI BTJ CAM OII CYNO VIP NOV ATI PG SLB HAL CVX MER XOM AA XMSR SIRI WYNN LVLT JOYG TLAB YHOO NIHD;

VIX up 5% back to the 21 level and a few % above the 10 day SMA;

OIH SLB CAM HOC NFX VLO XOM APC XLE all drilled down hard and may be approaching a buy area although the OIH has now dipped under the 50 day SMA. I suspect this is more a buying opportunity than a time to sell as oil dips under $90.

SPX again rejected at the 1,540 level or the 20 day SMA. This has been resistance for about 2 weeks and I suspect tomorrow we either break above and it becomes support or we sink under with a no go from Big Ben.

I suspect most traders want tomorrow and Friday (jobs number) out of the way so the seasonals can take over and restart the bull.

Rate :

Rate this Commentary

Number of Comments (0)

Send this article by email