daytrade diaries... friday, page-37

Morning All,

5 Best performing US industries

1) Transport ($TRANQ) +7.85%
2) Disk Drives ($DDX) +6.11%
3) Semiconductors ($SOX) +5.91%
4) Airlines ($XAL) +5.90%
5) Networks ($NWX) +5.76%

5 Worst performing US industries

1) Oil Services ($OSX) +0.03%
2) Natural Gas ($XNG) +0.43%
3) Banks ($BKX) +0.47%
4) Gold ($XAU) +0.73%
5) Drugs ($DRG) +0.81%


A couple of things. The Dow Transport index was up over 8% last night, no doubt on the 'better than expected' GDP...cough...cough., so keep your eyes on transport stocks here, they may rally for a couple of days on that US performance. I don't KNOW, but keep an eye out.

Also, the 7800 level on the DOW was considered by many as the point we either turned down for a breather, or, pushed through and continue to rally for another 3-4 weeks, so after last night, be prepared that we might rally a bit further than many expect.

Anyway, good trading
Ad