Monday, February 9, 2009

Stimulus Push

Oh, I thought it was going down the cliff for the banks. Well, even if the government is willing to pay extra, do they have enough money? My play is to the downside, so I'm not doing well at all. I just noticed that the shipping index data has not been updated since Jan 23, 2009. Thus, I have to take it out of my sector readings. Looks like the Thursday and Friday actions has somehow stabilized the prices and biotech is hot (but I'm at the wrong side of the game!).
USA Longterm Midterm Shorterm
S&P500 Down Down Neutral (+)
DJI Down Down Neutral (+)
Nasdaq Comp Down Down Neutral (+)
Russell 2000 Down Down Neutral (+)
AMEX Natural Gas Down Neutral (+) Up (+)
AMEX Oil Down Neutral (+) Up (+)
AMEX Security Broker Down Neutral (+) Up (+)
KBW Bank Down Down Neutral (+)
KBW Insurance Down Down Neutral (+)
PHLX Housing Down Down Neutral (+)
S&P Retail Down Down Neutral (+)
AMEX Biotech Down Neutral Up (+)
AMEX Airline Down Neutral Down

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