Markets Just Negative On Weak Data: Here Are The 10 Trades To Watch Right Now

Markets are sitting just negative after this morning’s poor data on home prices and consumer confidence.

  • DOW down 0.02%
  • S&P 500 down 0.06%
  • NASDAQ down 0.25%
  • DAX up 0.02%
  • CAC down 0.09%

Basic materials the big winner today.

The Big Trade: The euro is falling.

Big Loser: Gerdau

High volume in steel firm that may be down due to China rate hikes.

Big Loser: Compagnia Siderugica

High volume in steel firm that may be down due to China rate hikes.

Big Winner: Silver Wheaton

Silver Wheaton holding above support.

Big Winner: LG

Company aims to raise sales in 2011 by 11%.

ETF Mover: Homebuilders

Index Fund Mover: China (HK Limited)

Energy: Crude rebounding a little.

Gold: Continuing its rise

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