Thursday, July 9, 2009

Schaeffer's Midday Market Check

The 'Today's Percent Returns' feature is a handy snapshot. It looks like the gold bugs are trying to fight back from their recent drubbing. From the Trading Floor blog:

The sector graph shows a mild upside bias with the Amex Gold Bugs Index (HUI), Natural Gas Index (XNG), and Oil Service HOLDRS (OIH) leading the charge. The SPDR Homebuilders (XHB), Semiconductor HOLDRS (SMH) and Regional Bank HOLDRS (RKH) are also relatively strong. The iShares Treasury Bond (TLT) and AMEX Pharmaceutical Index (DRG) are the only decliners on my list....