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
3 comments:
Good Mornig to all
GNK is nice--Looking for it to run today
APWR is crashing--ouch
Hi Madmax,
APWR completed their $83 million private placement @$14.37....well below where it was trading @ open.
Saleem
Hi All,
Futures 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
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