Posted Modest Gains
- Friday Mar 5,2010 09:19 AM
- By pickoption
- In Uncategorized
Trade was subdued for most of the session ahead of the nonfarm payrolls report and a stronger dollar acted as an overhang. In other economic news, pending home sales fell 7.6% month-over-month. A 1.0% monthly increase had been expected.

Advancing Sectors: Consumer Discretionary (+1.0%), Financials (+0.9%), Tech (+0.5%), Industrials (+0.4%), Consumer Staples (+0.4%), Telecom (+0.3%), Materials (+0.3%), Utilities (+0.1%)
Declining Sectors: Energy (-0.4%), Health Care (-0.2%)
FEAR METER: The QQQQ implied volatility inched lower as bearish momentum faded away.












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