Sunday, July 19, 2009

20090717 Weekend

DOW 8,743.94 +32.12
NASDAQ 1,886.61 +1.58. Relatively strong.
SP500 940.38 -0.36
Big up week for indices. For the day, indices flat on light volume on option expirations.
Eclipse on Wednesday. Art Cashin said this to CNBC, "We've got things cooking on the 21st and 22nd that I want to take a look at." Cashin didn't specify what events he's awaiting, but joked, "Not the least is a major solar eclipse. We'll have to see if that changes the ionization in the upper atmosphere."

XLE 48.45 +0.28
XLF 12.14 -0.08

SRS 19.40 +0.80. Bought the other 1/2 position at 19.25.

DDRX 18.58 -0.20. 52 week range 0.21 - 24.65. Everybody wants to short this and supposedly shorts are being called in.
KRE 18.11 -0.78. Regional banking index is heading lower with volume.

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