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Good Morning 6/29

7:22 AM Posted by MH

Top losers from Russell Microcap drop: DWRI 41%, ROIAK 40%, COSI 39%, EGT 28%, HSWI 27%, SALM 27%, CFW 26%, AWBC 25%, PEIX 24%

Investors are looking to start a holiday-shortened week on a positive note.

U.S. stock futures are slightly higher in early trading Monday, amid mixed moves in overseas markets. Stocks in Asia were lower, while European markets advanced.

The dollar was mixed against other major currencies, while gold prices rose.

Light, sweet crude for August delivery rose 47 cents to $69.63 in electronic trading on the New York Mercantile Exchange.

June 26th Review

7:31 PM Posted by MH

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / NXXI / ACLS / ONSM / PDO / XOMA

Added VG at .39 and going to sell high .40s hopefully.

The Dow capped another down week with a loss Friday as investors shrugged off a surge in consumer sentiment and instead focused on the fact that consumers are squirreling away their money at a feverish pace. But techs gained after encouraging earnings from Palm.

The Dow Jones Industrial Average lost 34.01, or 0.4 percent, to close at 8,438.39. The S&P 500 fell 0.2 percent, while the tech-heavy Nasdaq gained 0.5 percent.

Funds dumping due to Russell 3000 delisting. Nothing fundamentally different about the company. (VG, ACLS, XOMA, SIRI and many others)
http://www.russell.com/indexes/membership/Reconstitution/Reconstitution_changes.aspx

Don't worry guys, it will recover soon, they are just re-blancing.

오늘은 시간이 없어서, 다들 좋은 주말 보내시고 주말에 다시 글 올리겠습니다.
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