Elroy; The HFX only has 4 companies in it, it was made for options
on them, but never got very popular.
I use to track the 4 as a grope, but blew it off, ifv my memory
is correct it was T MO KO and GE. cap weighted.
-----------------
This is a better huge cap index you can do yoursekf
( cap weight it )
Symbol Last Trade Change Avg Vol Volume Value Value Change Gain
^DJI 1:19PM 9338.35 +41.32 +0.44% N/A N/A $0.93 $0.00 +0.44% -$0.00 -0.33%
^IXIC 1:19PM 2294.17 -19.70 -0.85% N/A N/A $0.23 -$0.00 -0.85% -$0.02 -8.32%
^NYA 1:19PM 589.07 +2.34 +0.40% N/A N/A $0.06 $0.00 +0.40% -$0.00 -1.96%
^OEX 12:59PM 622.58 +2.84 +0.46% N/A N/A $0.06 $0.00 +0.46% -$0.00 -2.15%
^SPX 12:59PM 1245.02 +3.15 +0.25% N/A N/A $0.12 $0.00 +0.25% -$0.00 -2.11%
MSFT 1:04PM 152 7/16 -3 13/16 -2.44% 14,986,136 12,813,100 $3,658.50 -$91.50 -2.44% -$505.50 -12.14%
GE 12:59PM 100 11/16 +1 11/16 +1.70% 4,269,818 2,701,600 $3,020.62 $50.62 +1.70% -$91.88 -2.95%
INTC 1:04PM 127 1/16 +11/16 +0.54% 15,046,045 12,586,600 $1,524.75 $8.25 +0.54% -$160.50 -9.52%
WMT 12:59PM 88 +7/16 +0.50% 2,796,045 2,440,400 $1,936.00 $9.62 +0.50% $52.25 +2.77%
MRK 12:59PM 76 13/16 -1/8 -0.16% 2,509,545 2,801,900 $921.75 -$1.50 -0.16% -$835.50 -47.55%
XON 12:59PM 69 11/16 +1 1/8 +1.64% 3,835,000 1,631,400 $1,742.19 $28.12 +1.64% -$17.19 -0.98%
IBM 12:59PM 173 5/8 +1 1/8 +0.65% 4,230,000 2,455,500 $1,736.25 $11.25 +0.65% -$70.62 -3.91%
PFE 12:59PM 131 7/8 +1 1/16 +0.81% 2,852,000 1,175,400 $1,714.38 $13.81 +0.81% $50.38 +3.03%
KO 12:59PM 64 3/4 -1/8 -0.19% 3,404,090 1,790,900 $1,618.75 -$3.12 -0.19% -$9.38 -0.58%
T 12:59PM 86 1/16 +1 7/16 +1.70% 6,320,363 4,237,700 $1,377.00 $23.00 +1.70% -$57.00 -3.97%
LU 12:59PM 99 3/16 +1 3/16 +1.21% 6,617,136 4,821,200 $1,289.44 $15.44 +1.21% -$161.69 -11.14%
C 12:59PM 54 1/8 +11/16 +1.29% 9,516,136 5,755,100 $1,082.50 $13.75 +1.29% -$38.75 -3.46%
DELL 1:04PM 81 9/16 -7 3/16 -8.10% 18,890,136 85,087,000 $1,305.00 -$115.00 -8.10% -$183.00 -12.30%
18 symbols
Totals(USD):
$22,928.54-$37.25-0.16%-$2,028.40-8.13%
------------------------
I call it the bakers dozen, it will lead the market
down or up, if the market is down it will recover first.
It represents the MOST liquid of the market.
If it's leading to the down side, the market becomes less
liquid ( like now ) and you better be care full,
--------------------
If small caps go up when these 13 are going down the
rally is FALSE. If these fall faster than the smaller ones
there is more down side to come.
Smaller caps can out do these on run ups, but not at their
expence, as if rotation out of these is what takes smaller
ones up, it's a shortage of buyers and new money.
It takes NEW money to keep the market level, as there is
the overhead of trading and the spreads to offset.
This in a way tells you if NEW money is comming in or
if fund managers are just trying to adjust, if the latter
then the market won't hold.
--------------
BTW they are down 8% since Jan 29th , but the SPX is only down
2.18% in same time frame, that is not good, you can bet the SPX will
catch up to the down side before it's over. AND likey pass it
so I see a 8% more drop in the SPX very likely.
Jim |
