Monday, September 12, 2011

20110912 PM

Dow 11,061.12 +68.99
Nasdaq 2,495.09 +27.10
SP500 1,162.27 +8.04. Lower on lighter volume then went higher. Look for retest of 1230.
10-YrBond 1.93% +0.02

After an open lower with dollar higher, dollar turned lower and stock indices went slightly higher with lighter volume. Precious metals recovered slightly from lows to put in a down day.
European stock indices had a big down day. European banks continue to show problems. German DAX is breaking the lows on lighter volume.

BAC 7.05 +0.07

Bespoke Investment Group created this graphic of ten year performance of some sectors:

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