Dr. Kris'  Instablog

Dr. Kris
Send Message
Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
My company:
Stock Market Cook Book
My blog:
Stock Market Cook Book
  • Intraday Market Notes: Volatility Ahead? -- Sept. 26 0 comments
    Sep 26, 2012 4:38 PM | about stocks: CORN, JJA, COW, GRU

    4:25 pm ET: The "risk-off" trade was in play today meaning that investors were seeking safety in bonds and the dollar. Muni bond fund etfs got a nice boost with a dozen of them hitting new highs (dividend yields in the 5%- 7% range). Commodities and stock sectors were down pretty much across the board. The so-called "soft" agricultural commodities continue to weaken with grains (NYSEARCA:GRU), Ag (NYSEARCA:JJA), corn (NYSEARCA:CORN), and livestock (NYSEARCA:COW) all breaking lower support levels.

    Although the major averages closed in the red, the DTX is has managed to stay above critical 420 support. Rising volatility could easily cause this level to be violated as early as tomorrow. A VIX close above 17.5 would be a sign that the bulls are abandoning ship.

    Not much else to report today other than some profit-taking in the homebuilders which is quite understandable considering the incredible run they've had. The new home sales figure reported earlier today missed expectations triggering the sell-off.

    Note to Subscribers: No new entries.

    Stocks: CORN, JJA, COW, GRU
Back To Dr. Kris' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • Food 4 Thought: What if a Presidential candidate dies right before the election? Not that I have anyone in mind...
    about 5 hours ago
  • Semis rolling up: Semiconductor etfs $SMH & $SOXX notching new yearly highs, aided by 14% jump in $NXPI on buyout rumors.
    1 day ago
  • Next hot VC area? If Musk wants to colonize Mars soon, he'll some fancy terraforming.
    3 days ago
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.