View From The Hill: August-11-2015

Posted on Posted in Views From The Hill

Market Commentary

If anything, today’s market activity showed us that the bears are willing and able to impose their will upon the equity markets and are far from ceding control to the bulls. However the successive series of lower intraday highs and higher intraday lows suggest that a showdown is not far off.

Market breadth for the SP-500 components was negative with 114 advancers vs. 3 unchanged and 383 decliners. 64 of the benchmark index’s stocks hit new 5 day highs vs. 95 new 5 day lows, in addition to 37 new 52-week highs and 19 new 52-week lows.

Stock price increases on surging volume
  • Google Inc Class A (GOOGL) @ 690.30 (+4.10%) on 158% volume surge
  • GOOG Inc (GOOG) @ 660.78 (+4.27%) on 149% volume surge
  • Sysco Corp (SYY) @ 37.97 (+1.01%) on 121% volume surge
  • WEC Energy Group Inc (WEC) @ 50.49 (+1.51%) on 114% volume surge
  • Marathon Petroleum Corp  (MPC) @ 55.86 (+4.88%) on 57% volume surge
Stock price declines on surging volume
  • Symantec Corp (SYMC) @ 21.34 (-6.85%) on 256% volume surge
  • Fossil Inc  (FOSL) @ 62.11 (-3.74%) on 253% volume surge
  • Yum Brands Inc (YUM) @ 83.54 (-4.87%) on 170% volume surge
  • Freeport-McMoran Inc  (FCX) @ 10.22 (-12.27%) on 123% volume surge

Market Summary

Index

Price
Change
SP-500 2084.07 -20.10 / -0.96%
Nasdaq-100 4513.99 -59.12 / -1.29%
Russell-2k 1211.14 -11.53 / -0.94%
VIX 13.71 +1.48 / +12.10%
10 Yr Tsy Note Rate 2.13 -0.10 / -4.48%
30 Yr Tsy Bond Rate 2.80 -0.10 / +3.45%
US Dollar Index 97.17 +0.02 / +0.02%
Gold 1107.80 +3.60 / +0.33%
WTI Crude Oil 43.08 -1.88 / -4.18%
DJ Real Estate Index 294.43 +2.01 / +0.69%
DJ Homebuilders Index 590.31 +7.67 / + 1.32%

Market Moving Events

Bullish Events

  • N/A

Bearish Events

  • N/A

Neutral Events

  • N/A

 

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