Media Appearance: Kudlow & Company (7/26/07)

Thursday, July 26, 2007 | 04:45 PM
in Media

Kc128x88

>
Its the regular 5 pm appearance on Kudlow tonite on CNBC:

The discussion will cover today's market schmeissing, the oil trade, and yield collapse.  Other things worth noting:

- Financials -- 22% of the S&P500 -- have been getting just crushed.

- Goldman Sachs (GS) is down ~20% from its peak last month

- Defensive rotation to big caps is well underway.

- NYSE Up Down volume earlier today was 1.9 Billion (down) to 55 million (up)

The Dow is off 4.6% from its recent high last week, while the S&P and the Nasdaq are off 5.6% -- but the Russell 2000 is off ~9% - a huge differential.

To say the least, it should be interesting.

Thursday, July 26, 2007 | 04:45 PM | Permalink | Comments (23) | TrackBack (0)
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Comments

Barry, have you talked again with that hedgie who asked on July 12th if that was a bullshit rally?

Posted by: hue | Jul 26, 2007 5:19:07 PM

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