Breadth Horrible

If you read the posts from earlier in the day you can guess what the low print of the day was in the S&P 500.  1294 to the point.  A perfect touching of the "Libya" intraday low of a few weeks ago.   No surprise it is being defended but thus far the bull's efforts have been relatively weak.  We'll see what magic - if any - is in store the next 2 hours.  Traditionally you would not expect anything positive in the closing hours of a day like this.

I have a group of about 2400 stocks/ETFs that are in my universe (loosely).  These are names that have some decent size to them ($300M+ market cap), and at least 100,000 in daily volume, and a stock price over $10.  Of that 2400 there are only 120ish which are green on the day.  That includes some inverse ETFs.   So this clearly fits the definition of a 90% down day (indeed, we're around 95%).

If interested here are the names that are positive - some have clear catalysts such as

and

but on days like today I like to look for those who can pull a Kermit, and if they are not a utility or healthcare stock that might be seen as a safe haven, I like to investigate further.  With oil down $3ish something like airline stocks would also be expected to rally.

Here are the names gaining at least 1.5% today; I've shaded the inverse ETFs - interestingly with all the hand wringing out of China today due to the import/export numbers we have some Chinese stocks on the list.  NFLX, FN, and JDSU are recovering from some recent beatings...