Tuesday, March 6, 2012

Tuesday Evening Thread

Today we saw the largest losses on the indices in 3 or 4 months. Given the damage done on the Nasdaq today, when AAPL was not down alot, it was surprising to find that the SMH was the best performing ETF in my list. It seems to have found support at the 50 day moving average. I had placed AMAT and KLAC on my "short" list - and that darned KLAC was up more than AMZN today. Go figure.

Some of the worst performing sectors today were steel (SLX), agriculture (MOO), homebuilders (XHB), coal (KOL) and financials (XLF).

Go stretch and do something fun! Tomorrow's another day.