Market Currents

• Friday, March 27, 2009

• 15:12 PM Sector laggards:Gold Miners (GDX) -4.07%. Oil (USO) -3.37%. Transports (IYT) -3.03%. Regional Banks (IAT) -2.86%. Commodities (GSG) -2.81%. Comment!

• Monday, October 20, 2008

• 13:01 PM Sector ETF weaknesses: Base metals – DBB -1.88%. Real estate – IYR -1.36%.  Regional Banks – IAT -1.26%. Cons. Discretionary – XLY -1.21%. Retail – XRT -0.88%. Comment!

• Thursday, October 9, 2008

• 13:16 PM Sector weaknesses: Regional banks (KRE) -9.1%. Insurance (IAT) -6.16%. Brokers/dealers (IAI) -4.25%. Energy (XLE) -3.69%. Healthcare (IHF) -3.24%. Comment!

• Wednesday, September 10, 2008

• 18:05 PM Today's sector ETF weakness: Silver– SLV -5.29%, Gold– GLD -2.97%, Telecom– TTH -2.7%, Regional Banks– IAT -1.76%, Commercial Banks– KBE -1.53%. Comment!

• Wednesday, July 2, 2008

• 04:29 AM Small and regional banks will soon "fess up to large losses from their mounting volume of soured construction loans made primarily to home builders." The WSJ has a list of potential casualties, but an easier borrow may be to short IAT, KRE or the other financial sector ETFs. Comment!

• Wednesday, May 28, 2008

• 11:33 AM Shares of KeyCorp (KEY) -10.3% after it raised loan-loss estimates. KEY is an iShares Dow Jones U.S. Regional Banks (IAT -2.7%) top-10 holding. Comment!