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Wednesday, December 22, 2010

Closing Bell: Few Sellers To Be Found (CCL, DRI, MATK, LEDS, XOMA)

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Tuesday saw mixed currents in the markets. The day was just dominated by a complete lack of sellers after stock indexes all opened up again at the highest levels seen in quite some time. Treasury yields fell as bond prices rose due to the FOMC buying nearly $8 billion in the Treasury market today. Equity volume is light, but the sellers must have taken an early holiday. Even the dollar correlation trade seems to be wearing thin.



Here were today's closing bells:



Dow Jones 11,533.16 +55.03 (0.48%)

S&P 500 1,254.60 +7.52 (0.60%)

Nasdaq 2,667.61 +18.05 (0.68%)



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Continue reading Closing Bell: Few Sellers To Be Found (CCL, DRI, MATK, LEDS, XOMA)

Closing Bell: Few Sellers To Be Found (CCL, DRI, MATK, LEDS, XOMA) originally appeared on BloggingStocks on Tue, 21 Dec 2010 16:00:00 EST. Please see our terms for use of feeds.

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