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Friday, November 13, 2009

The Trading Range

After a strong start on Monday, we spent the next four days trading around and ultimately finishing up at the same exact level where we closed back on Monday:

S&P 500: 10 Day View

With Monday's big gain, the S&P 500 gained +2.26%, Dow +2.46%, Nasdaq +2.62%, and the Russell 2000 +1.02%. To make the big money this week being long real estate (DRN), semiconductors (USD), emerging markets (EDC), basic materials (UYM), agriculture (DAG), financials (FAS), and large caps (BGU) offered nice returns. Relative strength was also seen in Russia (RSX), Mexico (EWW), India (INP), Sweden (EWD) and Australia (EWA).

Read more of my weekly wrap.

Posted by Kirk at 5:59 PM in After Hours | Bookmark | Feeds | Link |


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