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Buzz and Banter


A quick scan of our database shows that the Bullish Percent charts for the NYSE, Nasdaq and Optionable universe are each down marginally on the day. Very simply, that means that despite the green on your screen from the major averages there are net more sell signals than buy signals today.

Also, the Sep. dollar has stalled a bit. Not today's business, but keep it on your list of things to monitor. The counter-trend move higher for the dollar seems to be slowing and may be getting a bit long in the tooth.

On another note, I'll be on Bloomberg TV Monday morning at 6:40 a.m. EST, if I can find a tie to go with my one good suit. Tune in to see where my hairline falls on the sliding Toddo to Tony scale.
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