Nasdaq was the "superstar" in today's tape.Nasdaq closed green in a negative news environment.Dow & S&P 500 recovered most of their losses.
Internals of the market was mostly positive.
Strength of this market is evident @ close.
On a humorous note, Doug Kass after many wrong calls about market is predicting shutdown of NYSE for days due to cyber attack.IF this does not pan out, he will predict invasion of this earth by aliens...for sure he sounds desperate to support his top of this market @ 1000 first then again @ 1130 ????
Stocks which were UP 2% or more included WYNN,LVS,FFIV,
AMZN,NFLX,PCLN,AAPL,RVBD,SLW,HL,SOHU,M,CRM,CIEN,
FMSR,SOL,SOLF,FUQI,SNDK,CRUS,ARUN,NVTL......
AH HPQ ER was a beat & guide UP,stock UP 2.68%
AH Futures Down
AH Asian markets Mixed
AH Oil Down
AH Gold & Silver UP
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
We got market bloodshed today. What is the main culprit? North Korea vs. South Korea, Ireland bail-out, China...?
Thanks for your comment.
Michael
Hi Michael,
These are one day event which presents a buying opportunity OR to prune trades which is not that appealing.
Saleem
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