Thursday - December 27, 2012
data shown below is alpha sort by symbol
* most symbols closed today a sizable distance above their
intraday low which was printed today following Senator Reid's
comments about the fiscal cliff negotiations' status
XLY and XRT - retailer and consumer sectors - closed green for
the day following earlier deep intraday losses today
Symbol - Day High - Day Low - today's closing Price
DIA 131.14 129.34 130.60
EEM 43.65 43.20 43.54
EFA 56.68 56.16 56.61
FXI 39.66 39.23 39.54
IBB 137.96 134.51 136.21
ITB 20.84 20.29 20.74
IWM 83.43 82.05 83.12
IWN 74.84 73.63 74.55
IYR 64.72 63.81 64.47
KIE 43.93 43.34 43.72
KOL 24.96 24.52 24.74
KRE 28.06 27.45 27.84
MDY 184.60 182.00 183.85
OIH 38.36 37.68 38.23
QQQ 64.64 63.60 64.40
SMH 32.09 31.58 31.94
SPY 142.08 139.92 141.56
USO 33.22 32.77 33.19
VEU 45.42 45.00 45.32
VGK 48.76 48.27 48.54
XHB 26.22 25.54 26.03
XLB 37.54 36.82 37.29
XLE 71.29 70.19 71.07
XLF 16.43 16.09 16.31
XLI 37.77 37.23 37.63
XLK 28.76 28.31 28.68
XLP 34.90 34.56 34.82
XLU 34.92 34.43 34.80
XLV 40.05 39.49 39.85
XLY 47.04 46.24 46.89 - close today = strength
XRT 61.29 60.10 61.22 - close today = strength
briefing.com source posted this to summarize the day:
4:15 pm: [BRIEFING.COM]
The S&P 500 ended the day with minor losses following a volatile session. Equities began the day on a positive note, but comments from Senate Majority Leader Harry Reid caused a quick change in sentiment. Speaking from the Senate floor, Senator Reid said that all signs suggest the country will go over the fiscal cliff.
In addition, the senator said the House of Representatives is being run as a "dictatorship" by Speaker Boehner. The comments caused the major averages to fall to their respective lows.
However, an afternoon report out of Washington indicated the House of Representatives will reconvene on Sunday, December 30 at 18:30 ET in hopes of approving a budget. In response, the major averages raced off their lows, ending the day little changed after seeing losses of more than 1.0%.
Financial stocks showed the most intraday sensitivity to the headlines, and the sector led the late-morning decline. However, the late-afternoon rally helped the sector recover the bulk of its losses. Among the majors, Bank of America (BAC 11.47, -0.07) shed 0.6% and JPMorgan Chase (JPM 43.63, -0.33) fell 0.8%.
AI
