Top Narrow Based Indexes For July 16

By 10:00 am, the Dow Jones Industrial Average was down 63.12 points, or 0.49%, to 12,713.97, while the broader Standard & Poor's 500 index had dropped 7.16 points, or 0.53%. The NASDAQ composite index fell 18.25 points, or 0.63%. Some of the narrow based indexes that are still afloat in the markets are Generic Drug Stocks, which have gained 2.6%, Credit Card Stocks, up 2.2%, and Rare Earth Stocks, moving 1.3% higher as a group. In Tickerspy's Generic Drug complex, Par Pharmaceutical Companies PRX had surged 38.8%. Par Pharmaceutical agreed to be bought by the investment firm TPG for $50 per share in cash. The best performing Tickerspy Credit Card stock has been Visa V, which was up 4 Visa, MasterCard MA and various banks have agreed to pay $7.3 billion to settle merchant lawsuits. Rare Element Resources Ltd REE is today's leading Tickerspy's Rare Earth stock, gaining 1%. Rare Element Resources shares have dropped 50.62% over the past 52 weeks, while the S&P 500 index has gained 3.93% in the same period.