Reply #47: 3:36 numbers and blather [View All]

[ozymandius]

Dow 10,571.33 +57.88 (+0.55%)
Nasdaq 2,150.83 +13.77 (+0.64%)
S&P 500 1,222.60 +3.26 (+0.27%)
10-Yr Bond 4.273% +0.05
NYSE Volume 1,615,176,000
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3:00PM: Market pulls back within the last 30 minutes amid further deterioration in the Energy sector (-2.3%)... Even though Energy only accounts for about 8.8% of the total weighting on the S&P and oil prices have recently closed down more than 4.0% near session lows at $63.30/bbl (-$2.78), the absence of leadership from the sector with the largest contribution (with about 41% aggregate EPS growth) to the S&P 500's overall growth rate has taken some steam out of today's recover efforts... ..OIX -2.4%... ..OSX -2.1%...XOI -2.4, NYSE Adv/Dec 1615/1591, Nasdaq Adv/Dec 1576/1368