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08-Jul-08
Market Updates (8 Jul '08) - Anything new except that market is going lower?
Sorry there is nothing new except that market is going lower !
The market was trying to rally in the early hours but the gains were devoured happily by the Bears (Sellers or Shorters).
Near the last two hours, the market staged an impressive rally of 100+ points before giving most back.
Best & worst perfroming sector ETF's in today's trading session
Sector Leaders:
Solars- TAN +3.6%, KWT +3.1%, Coal- KOL +2.9%, Internet- HHH +2.7%,
Base Metals- DBB +2.0%, Steel- SLX +1.7%, Tech.- XLK +0.90%, QQQQ
+0.60%, Wind Energy- FAN +0.70%
Sector Laggards:
Ags.- DBA -4.8%, Homebuilders- XHB -4.55%, Commercial Banks- KBE -4.4%,
Regional Banks- RKH -3.9%, KRE -3.0%, Nat. Gas- UNG -3.9%, Finance- XLF
-3.25%, IYF -2.9%, Broker/Dealers- IAI -2.9%, Energy- OIH -2.35%, IYE
-2.5%
Posted at 04:43 in Market Report | Permalink | Comments (0) | Top
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