Monday, November 11, 2013
As the Rest of the Market Is Dancing Bollywood Style...
... I continue to get dinged in LEAPs and bounds.
Volume was pretty low today, but US indices continue to hit new all-time highs. Charles Schwab was on with Maria saying that the retail investor is not back in full force. The main question is how many of the stocks hitting new all time highs are one and done? SPG hasn't hit a new high in over 3 months. The last time it tried to break above its 200 SMA, it failed to break higher.
I've been waiting six months for people to buy my LEAPs, but failing that, I will continue to pound the pavement this week as there is an industry event featuring over 400 companies being held over the next 3 days.
My goal is to meet 100 companies over the course of the next two days and have prepared a stack of business cards for this. One time, I met about 20 companies in an hour, so it is definitely achievable. I will also be pitching two projects to give myself a better success rate. The more people I talk to, the greater my chances, really.
Will I be dancing to the tune of Vacancy along with all the SENSEXy Market Makers tomorrow?
-7.38% SBA
+1.20% Roth IRA
+0.14% DJIA
+0.01% Nasdaq
+0.07% S&P
+0.30% FTSE
+0.26% Eurofirst
+1.30% Nikkei
+0.16% Shanghai
+0.52% WTI
+1.31% Brent
-0.21% Gold
+0.15% Copper
+1.87% Corn
+0.38% EUR/USD
+0.33% EUR/JPY
-0.46% EUR/GBP
0.80 Put / Call Ratio
0.097 Treasurys | DTCC GCF Repo Index
0.102 MBS | DTCC GCF Repo Index
+0.46% DJT
-2.79% VIX
-0.14% 5-Year US Treasury Notes
+0.18% 10-Year US Treasury Notes
50% Advancing Issues on NYSE | 57% Up Volume
46% Declining Issues on NYSE | 42% Down Volume
4% Unchanged | 1% Unchanged
143 New Highs | 41 New Lows
47% Advancing Issues on Nasdaq | 55% Up Volume
49% Declining Issues on Nasdaq | 43% Down Volume
4% Unchanged | 2% Unchanged
117 New Highs | 25 New Lows
Today's Major Headlines:
Transocean Reaches Deal With Icahn
Shadow Banks Reap Fed Rate Reward
Progress On Volcker Rule Worries Banks
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