Morning update:
Bulls would like XLF (financials) to stay above 37.74 at the close. It's tough with yields on the ten moving up to 4.85%, but all these M&A's keep the pump primed. Retail, housing, semis and financials are up, normally a healthy sign. Small caps are leading the charge with RUT back above the 835 critical level. But the real test is NQ (NDX future) holding 1900/1901 at the close.
Bulls would like XLF (financials) to stay above 37.74 at the close. It's tough with yields on the ten moving up to 4.85%, but all these M&A's keep the pump primed. Retail, housing, semis and financials are up, normally a healthy sign. Small caps are leading the charge with RUT back above the 835 critical level. But the real test is NQ (NDX future) holding 1900/1901 at the close.
This entry was posted
on Tuesday, May 29, 2007 at 5/29/2007 11:36:00 AM.
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