Market Wrap
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Internals were positive, on a slight dip in volume. Advances/declines were 2 to 1 on both exchanges, with up/down volume 3 to 1 on the NYSE and 14 to 5 on the Nasdaq. New highs/lows were 440/2 on the NYSE and 238/7 on the Nasdaq.
Leaders — Biotechs (+5.46%), Airlines (+2.67%), Hospitals (+2.44%), Banks (+2.16%), Semis (+2.16%), Internet (+1.11%), Network (+1.04%), Oil (+0.88%)
Laggards — Gold/Silver (-1.42%), Commodities (-0.17%), Insurance (-0.03%), Drugs (0.00%), Paper (+0.08%), Health Care (+0.09%), Chemicals (+0.14%), Utilities (+0.24%)
Treasury Yields — 6-Month: .20%, 2-Year: .90%, 5-Year: 2.37%, 10-Year: 3.72%, 30-Year: 4.69%
Energy Prices — Crude oil: $81.87/barrel, Gasoline: $2.2797/gallon, Natural Gas: $4.584/mmBTU
US Dollar Index — 80.477
Precious Metals — Gold: $1107.40/ounce, Silver: $16.97/ounce, Platinum: $1590.00/ounce
BMB Note:
Same as it ever was. 21 of 23 for the Russell, 2-day RSI 99.89 on SPY, but still shy of new highs.
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