- Overall market is under pressure with only Nasdaq positive
- Oil is rebounding - OIH and XLE. OIH is still range bound for the past 2 weeks.
- EWZ (Brazil) made a nice run from 10am to 11:30 = 1.2% gain, falling off now.
- Gold - GLD and GDX made nice gaps up, possible breakout, but falling off now.
- SMH semiconductors are weak from the open to noon. Divergence from Q's continues.
- QQQQ - in a tight range
Wednesday, October 10, 2007
Mid-Day Check
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