Monday, July 26, 2010

Weekly Summary

It has been a while I posted anything here. Seems like inflation is not happening and the deflationary forces is higher. TBT collapsed after I bought the call options. Ouch!

The sector summary for the week ending 23 Jul 2010:
USA Monthly Weekly Daily
S&P500 Down Neutral (+) Neutral
DJI Neutral (+) Neutral (+) Neutral
NasdaqComp Neutral (+) Neutral (+) Neutral
DJ Transport Up Neutral (+) Neutral
DJ Utility Neutral (+) Up (+) Up
Russell 2000 Up Down Neutral (+)
AMEX Airline Up Up Up
AMEX Biotech Up Down Neutral (+)
AMEX Gold Bugs Up Neutral Neutral (+)
AMEX Natural Gas Down Down Neutral (+)
AMEX Oil Down Neutral (+) Neutral
AMEX Security Broker Down Down Neutral
AMEX Telco Up Up (+) Up
KBW Bank Up Down Down (-)
KBW Insurance Up Down Neutral (+)
PHLX Housing Down Down Neutral
S&P Retail Down Down Neutral

As you can see, the performance for the various sectors are mixed. There is no clear winner at this moment. Currently, telco and airline is the strongest. I'm still waiting for the mining sector to perform.

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