Sunday, December 6, 2009

Weekly Summary

The reading for the week ending 4 Dec 2009:
USA Monthly Weekly Daily
S&P500 Up Up Up (+)
DJI Up Up Up
NasdaqComp Up Up Up (+)
DJ Transport Up Up Up (+)
DJ Utility Up Up Up
Russell 2000 Up Up (+) Neutral (+)
AMEX Airline Up Up Up
AMEX Biotech Up Up (+) Up (+)
AMEX Gold Bugs Up Up Neutral (-)
AMEX Natural Gas Up Neutral Down (-)
AMEX Oil Up Up Neutral
AMEX Security Broker Up Neutral Neutral (+)
AMEX Telco Up Up Up
KBW Bank Up Neutral Down
KBW Insurance Up Neutral Down
PHLX Housing Up Neutral Neutral (+)
PHLX Semiconductor Up Up (+) Up (+)
S&P Retail Up Up Up

US market still refuse to go down. I guess that it will continue to go up, step-by-step, since there are still many bears that are expecting a selldown.

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