Hello Jerry,
A few of my notes from today ...
Of the nine Spdr Sectors, XLB (Basic Industries); XLE (Energy); XLF (Financial); XLI (Industrial); XLK (Technology); XLP (Consumer Staples); XLU (Utilities); XLV (Consumer Services); XLY (Cyclical/Transportation),
The top performer today was Energy up 1.18%, and the worst hit was Technology down 4.64%.
Best Energy stocks were RDC up 4.8%, NE up 4.69% and DNV up 3.67%. Hardest hit in Tech were SAPE down 16.84%, QCOM down 9.5%, and CA at 9.61% (Although Q was up 10.34% and ANDW was up 4.44%).
Of the following stocks (AFFX, BRCD, BRCM, CCMP, CHKP, CYMI, EBAY, EMLX, GENZ, GILD, GNSS, IDPH, IVGN, MYGN, NVDA, PTEN, QCOM, QLGC, SEBL, SEPR, SII, SLB AND VRSN) there were 3 gainers and 19 losers. PTEN closed above its 50 DMA, CYMI and GENZ crossed and closed below their 20 DMA and GNSS crossed below its 200 DMA. Best return today was SII up 5.97%, PTEN up 3.82% and SLB up 1.91%. Hardest hit was QCOM down 9.5%, QLGC down 9.31% and GNSS at 8.31%. Best year to date is SII up 12.89%, SEBL up 6.4% and GILD at 2.04%. Hardest hit year to date is GNSS down 40.61%, VRSN down 40.30% and QCOM at 35.64%.
A dividend stock worth a look is EK. With a yield at apx. 6.15% it's kinda sorta attractive. It did cross its 50 DMA on the 14th and it's forming a nice looking sym. triangle. An X in the 33 box would provide the double top buy signal and complete the triangle with a bullish price objective of 46.
stockcharts.com
Take care,
Eric |
