Friday, April 16, 2010

Index Data and Observations

Closing values for Thursday, April 15, 2010:


Trend & Value 50:

1100.65 (+.38%)


China Small Cap ADR 25:

946.38 (+.23%)


Precious Metals Complex:

4878 (-.39%)


Commodity ETFs:

2163 (-.15%)


BRIC Basic Materials:

1102.29 (-.70%)


Penny Banks:

1242.85 (+2.42%)


Foreign Blend:

7873 (-58)


General Liquidity:

1048.79 (-.27%)



S&P 500 Momentum Composite:

40.76 (-2.70)


S&P 500 Breadthalyzer:

1.03


S&P 500 Notional Volume:

$120,913,539,688


S&P 500 Notional Advance:

-$8,510,338



All ETFs Diffusion:

77.05% (-1.50)


ETFs Notional Volume:

$57,044,586,780



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A little deterioration today.

You gotta love the performance of that Penny Bank Index. But the larger regionals may be approaching resistance. I think my upside target for the KRE fund was $29. Getting close to that number this week. I guess it could go higher still, but I am definitely looking at this level closely.

Also I had a target of .14 on the XLF:SPY ratio if the S&P made it to 1200. That turned out to be about right. Maybe financials in general are about ready to take a break...