Market Currents

• Monday, November 23, 2009

• 10:30 AM Sector ETF strength after one hour: Gold Miners– GDX +4%. Oil Services– OIH +3.2%. Coal– KOL +3%. Steel– SLX +3%. Homebuilders– XHB +2.7%. Heating Oil– UHN +2.7%. Healthcare Providers– IHF +2.6%. Russell 2000– IWM +2.6%. Energy– XLE +2.5%. Solar– TAN +2.5%. Commercial Banks– KBE +2.5%. Basic Materials– IYM +2.4%. Regional Banks– KRE +2.3%. Basic Materials– XLB +2.2%. 1 Comment

• Thursday, November 19, 2009

• 10:34 AM Sector ETF weakness (no strength to speak of): Semis– IGW -4.4%. Coal– KOL -3%. Oil Services– OIH -3%. Steel– SLX -3%. Basic Materials– IYM -2.6%. Russell 2000– IWM -2.6%. Oil– USO -2.6%. Basic Materials– XLB -2.5%. Energy– XLE -2.4%. Clean Energy– PBW -2.4%. Homebuilders– XHB -2.3%. Gasoline– UGA -2.3%. Comment!

• Thursday, November 12, 2009

• 10:34 AM Sector ETF strength after one hour: Biotech– BBH +0.8% Internet– HHH +0.7%. Retailers– RTH +0.6%. Basic Materials– XLB +0.5%.
  Weakness: Gasoline– UGA -2.2%. Heating Oil– UHN -2.1%. Oil– USO -2%. Commodities– GSG -1.8%. Gold Miners– GDX -1.3%. Commodities– DBC -1.1%. Oil Services– OIH -1.1%. Comment!

• Monday, November 9, 2009

• 10:12 AM Sector ETF strength early on: Coal– KOL +4.6%. Gold Miners– GDX +4.5%. Steel– SLX +4.1%. Semis– SMH +3%. Semis– IGW +2.9%. Oil Services– OIH +2.8%. Agribusiness– MOO +2.7%. Basic Materials– IYM +2.6%. Real Estate– IYR +2.5%. Gasoline– UGA +2.5%. Regional Banks– KRE +2.4%. Basic Materials– XLB +2.1%. Oil– USO +2.1%. Heating Oil– UHN +2%. Broker/Dealers– IAI +2%. Retailers– XRT +2%.
  Weakness: none. Comment!

• Monday, November 2, 2009

• 10:30 AM Sector ETF strength after one hour: Gold Miners– GDX +4.3%. Coal– KOL +4%. Steel– SLX +3.7%. Commercial Banks– KBE +3.1%. Regional Banks– RKH +3.1%. Basic Materials– IYM +2.7%. Oil Services– OIH +2.7%. Financials– XLF +2.5%. Energy– IYE +2.4%. Silver– SLV +2.2%. Energy– XLE +2.2%. Agribusiness– MOO +2.2%. Basic Materials– XLB +2.1%. Insurance– KIE +2%.
  Weakness: none. Comment!

• Thursday, October 29, 2009

• 10:14 AM Sector ETF strength early on: Steel– SLX +5.6%. Coal– KOL +5%. Insurance– KIE +3.5%. Gold Miners– GDX +3.5%. Basic Materials– IYM +3.4%. Homebuilders– XHB +2.8%. Silver– SLV +2.7%. Oil– USO +2.5%. Heating Oil– UHN +2.5%. Basic Materials– XLB +2.3%. Agribusiness– MOO +2.3%.
  Weakness: Solar– KWT -1.4%. Comment!

• Tuesday, October 20, 2009

• 10:30 AM Sector ETF strength early on: Solar– KWT +1.6%. Healthcare Providers– IHF +1%. Semis– SMH +0.7%.
  Weakness: Gold Miners– GDX -2.2%. Homebuilders– XHB -1.9%. Regional Banks– KRE -1.6%. Oil Services– OIH -1.6%. Agribusiness– MOO +1.5%. Coal– KOL -1.5%. Steel– SLX -1.5%. Real Estate– IYR -1.4%. Biotech– BBH -1.4%. Basic Materials– XLB -1.3%. Comment!

• Thursday, September 10, 2009

• 10:18 AM Sector ETF strength: Solar– KWT +2.3%. Internet– HHH +2.3%. Solar– TAN +2%. Agriculture– DBA +1%. Transports– IYT +0.9%.
  Sector ETF weakness: Base Metals– DBB -3%. Basic Materials– XLB -1.4%. Agribusiness– MOO -1.4%. Commercial Banks– KBE -1.4%. Regional Banks– RKH -0.9%. Comment!

• Tuesday, August 4, 2009

• 10:43 AM Sector ETF strength: Silver– SLV +2.3%. Gold– GLD +0.6%. Regional Banks– KRE +0.6%. Insurance– KIE +0.4%. Gold Miners– GDX +0.2%.
  Sector ETF weakness: Agribusiness– MOO -1.4%. Steel– SLX -1.3%. Oil Services– OIH -1.2%. Utilities– XLU -1.1%. Retailers– XRT -1.1%. Basic Materials– XLB -0.9%. Biotech– BBH -0.8%. Comment!

• Tuesday, July 21, 2009

• 10:17 AM Sector ETF strength: Solar– KWT +6.5%. Solar– TAN +3.8%. Heating Oil– UHN +2%. Agribusiness– MOO +1.8%. Basic Materials– XLB +1.7%.
  Sector ETF weakness: Commercial Banks– KBE -3.2%. Regional Banks– KRE -2.7%. Semis– SMH -2.1%. Semis– IGW -1.8%. Regional Banks– RKH -1.7%. Comment!

• Wednesday, July 8, 2009

• 10:01 AM Sector ETF strength: Biotech– BBH +6.7%. Regional Banks– KRE +2.8%. Biotech– IBB +2.4%. Basic Materials– XLB +1.9%. Coal– KOL +1.9%.
  Sector ETF weakness: Silver– SLV -1%. Heating Oil– UHN -0.9%. Comment!

• Wednesday, June 24, 2009

• 10:49 AM Sector ETF strength: Solar– TAN +5.2%. Coal– KOL +4.7%. Steel– SLX +4.5%. Agribusiness– MOO +3.8%. Clean Energy– PBW +3.8%. Transports– IYT +3.1%. Homebuilders– XHB +2.9%. Basic Materials– XLB +2.9%. Semis– IGW +2.9%.
  Sector ETF weakness: Gasoline– UGA -1.3%. Livestock– COW -1.3%. Biotech– BBH flat. Heating Oil– UHN flat. Comment!

• Wednesday, May 27, 2009

• 10:14 AM Sector ETF weakness: Base Metals– DBB -1.9%. Utilities– XLU -1.7%. Basic Materials– XLB -1.6%. Agribusiness– MOO -1.5%. Gold Miners– GDX -1.2%. Comment!

• Thursday, April 30, 2009

• 15:57 PM Sector ETF leaders heading into the close: Solar– KWT +7.3%. Steel– SLX +4.5%. Clean Energy– PBW +3.4%. Retailers– XRT +3.2%. Basic Materials– XLB +3%. Semis– SMH +3%. Basic Materials– IYM +2.7%.
  Laggards: Gold Miners– GDX -2.9%. Silver– SLV -2.9%. Regional Banks– KRE -2.8%. Biotech– BBH -2.6%. Biotech– IBB -2.5%. Comment!

• Wednesday, February 4, 2009

• 15:02 PM Sector ETF strength: Steel– SLX +4.5%. Gasoline– UGA +4.2%. Oil Services– OIH +4%. Agribusiness– MOO +2.3%. Basic Materials– XLB +2%. Broker/Dealers– IAI +1.9%. Solar– KWT +2%. Semis– SMH +2%. Comment!
• 10:28 AM Sector ETF strength: Steel– SLX +6.9%. Oil Services– OIH +4.6%. Commercial Banks– KBE +4.6%. Basic Materials– XLB +4.0%. Basic Materials– IYM +4.0%. Comment!