Hi Frank! Some encouraging words from briefing.com:
11:30 ET Dow +65, Nasdaq +62, S&P +17.98: Bargain hunters out in force today in a broad-based advance led by a resurgent tech sector... Internet group having one of its best outings in some time with shorts getting pinched as momentum players return... Good leadership in the session with financial, retail, and drug stocks on the move... Oil shares trailing the action in noticeable fashion... XOI -6.55.
11:00 ET Dow +40, Nasdaq +53, S&P +13.62: Short squeeze is on perhaps as the Nasdaq extends its gains with broad-based buying interest in the tech sector... Gains, of course, led by large-cap issues but their outperformance is lending support to the broader market... Indices at their highs for the day with Internet, chip equipment, financial, drug, and telecom stocks setting the pace... DJTA +18.95... SOX +12.93.
I LOVE IT!! Especially the part about SHORTS!!
AEOB
D. |