Dip buyers are working in earnest today... I assume anticipating the blowout Apple (AAPL) earnings tonight. If there is any company that won't "sell on the news" it will be Apple but even this 'general' has a chart that is looking in trouble.
IBM has also reversed nicely after opening below its 200 day moving average.
It's a choppy market - same message repeated - until we clear out below 1040 or above 1100 on the S&P 500 there is no clear path. Just randomness. We are smack dab in the middle of that range.
x
Tuesday, July 20, 2010
Market Has Strong Bid Today
Posted by
Mark
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11:22 AM
Market Has Strong Bid Today
2010-07-20T11:22:00-04:00
Mark
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Market Has Strong Bid Today
2010-07-20T11:22:00-04:00
Mark
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