Stocks that are on the move after the first hour of trading:UP: BIDU, MTL, AMZN, DRYS, X, RIMM, CLF, MEE, V, BTU, POT, MA, SCHN, NUE, JASO, BRCMDOWN: FSLR, GRMN, STRA, SOHUThe DJIA, S&P, Nasdaq Composite are all positive and trading above their respective 200 DMA. The Russell is barely positive at this moment and still trading below its 200 DMA.
Hi Dave! Thanks for your daily thoughts on the markets! I'd be interested in hearing your thoughts on the pullback that recently occurred this afternoon in the indices. Just a breather after several bullish days? Or something more technical? I notice the VIX is going higher as well.
Hi Dave!
ReplyDeleteThanks for your daily thoughts on the markets!
I'd be interested in hearing your thoughts on the pullback that recently occurred this afternoon in the indices. Just a breather after several bullish days? Or something more technical?
I notice the VIX is going higher as well.
Thanks.
Dana