The markets remain weak as we head into the midday session. Let's take a look at what is jumping off the board so far today.
Bullish
Treasuries(TLT Quote): Recent positive momentum looks to continue. Ultrashort plays: ProShares UltraShort Oil & Gas(DUG Quote), ProShares UltraShort Real Estate(SRS Quote) and ProShares UltraShort Financials(SKF Quote) are moving higher.
Bearish
Analyst Downgrades: Arch Coal(ACI Quote), Massey Energy(MEE Quote), Infosys Technologies(INFY Quote), Starwood Hotels(HOT Quote), Chattem(CHTT Quote) and Applied Materials(AMAT Quote) are all sinking under the Wall Street calls this morning. Exchange Plays: CME Group(CME Quote) and Intercontinental Exchange(ICE Quote) are getting hit hard for a second day in a row on potential regulations that may affect transaction volume. Commodity Plays: Many of these names are seeing their shares break down, including U.S. Steel(X Quote) and Freeport McMoran(FCX Quote), among others. Gold/Gold Mining: Gold ETF(GLD Quote) has broken below $90, and mining stocks we follow like RandGold Resources(GOLD Quote) and Agnico-Eagle Mines(AEM Quote) are also dropping. Financials: Blackrock(BLK Quote), Wells Fargo(WFC Quote) and Bank of America(BAC Quote) are a few examples of names selling off in the action today. Financials are starting to approach key levels. Transports: We're seeing weakness in the shares of Union Pacific(UNP Quote) and FedEx(FDX Quote).- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
|
|
UP
17.46
|
UP
2.67
|
UP
7.12
|
DOWN
0.30
|
10 Yr
3.50%
SPDR Gold
107.43
|
|
+0.17%
|
+0.25%
|
+0.34%
|
-0.85%
|
Data delayed 20 minutes |














