Market Recap 12/6/07

Big Rally today with all the sectors up except a couple. We took a long time to get up above the 1490 on S&P. The markets sold off three times at the 1490 level and I thought we wouldnt make it today and that would have been a huge negative. So far my call has been right, and we will probably rally into Christmas or New Year unless Bernake messes things up, but I dont see us making new highs. 14300 was the last failure.

Last Change 52-Wk
USA (SPY) 150.94 1.43% 6.46%
Canada (EWC) 31.98 1.07% 22.39%
Japan (EWJ) 14.20 1.87% 1.43%
China (FXI) 195.74 5.92% 99.33%
S. Africa (EZA) 143.06 1.82% 27.85%
S. America (ILF)259.45 5.68% 54.80%
Singapore (EWS) 14.70 2.44% 31.37%
Taiwan (EWT) 16.17 3.45% 8.74%
Russia (TRF) 71.61 -0.68% -7.53%
India (IFN) 65.50 1.17% 38.19%
S. Korea (EWY) 68.39 3.75% 36.64%
Israel (ISL) 24.40 0.91% 32.03%


Last Change 52-Wk
S&P 500 1507.34 1.50% 6.54%
Oil (USO) 71.02 3.39% 31.79%
Gold (GLD) 79.37 0.94% 26.61%
Silver (SLV) 143.76 1.74% 5.94%
US Dollar 76.38 -0.07% -7.67%
Euro 1.464 0.18% 10.11%
VIX 20.96 -6.97% 85.98%
HUI 412.89 2.46% 15.94%
10-year yield 4.00% 0.09 -0.44


Last Change 52-Wk
Oil Service (OIH) 183.57 3.92% 24.89%
Big Pharma (PPH) 83.00 0.16% 8.78%
Internet (HHH) 61.75 1.15% 15.05%
Real Estate (IYR) 69.62 2.85% -19.25%
Financial (IYF) 99.15 1.91% -14.59%
Semis (PSI) 17.55 2.09% -1.74%
Healthcare (IYH) 72.78 1.17% 10.12%
Utilities (XLU) 43.95 -0.59% 19.04%
Defense (PPA) 23.43 0.47% 27.06%
Nanotech (PXN) 16.27 1.75% -7.82%
Alt. Energy (PBW) 24.63 1.90% 34.66%
Water (PHO) 21.45 1.66% 15.01%
Insurance (PIC) 17.96 1.53% -1.16%
Biotech (PBE) 19.49 1.56% 3.89%
Retail (PMR) 16.48 2.74% -15.66%
Software (PSJ) 20.38 0.99% 5.11%
Big Tech (QQQQ) 52.32 1.45% 18.21%
Construction (PKB)18.89 3.51% 12.11%
Media (PBS) 14.76 0.75% -6.52%
Consumer (IYC) 64.22 -0.12% -4.76%
Transport (IYT) 84.39 1.76% -1.96%
Telecom (IYZ) 29.64 1.61% 2.88%
Industrial (IYJ) 73.30 1.45% 12.15%
Basic Mat. (IYM) 75.50 1.67% 24.71%