Indices pared half of its loss by close..
Volume was below average in Dow & S&P 500...Nasdaq volume was above average.....
Solar stocks continued its slump with an average loss of about 5%......more details & analysis will emerge from German proposal....
VIX close @ 18.68 UP 6.26%...pretty mild for sharp selling we had...
Strong stocks included CREE,GS......to name few that were strong @ close
AH SBUX & EBAY had strong ER UP sharply AH on high volume
Before open GS reports & AH ISRG & GOOG reports......
AH Futures are UP
AH Nikkei UP
AH Shanghai UP
Looks like market should be fine for Thursday......
BLOG does NOT give buy or sell.
Saleem
Good Mornig to all
ReplyDeleteGNK is nice--Looking for it to run today
APWR is crashing--ouch
Hi Madmax,
ReplyDeleteAPWR completed their $83 million private placement @$14.37....well below where it was trading @ open.
Saleem
Hi All,
ReplyDeleteFutures were neutral just before the opening bell then a huge wave of selling started at the open 9:30am. Another institution unwinding positions for this type of dramatic effects. Looks like we'll have to wait out the selling pressure.
Best Regards