WICKED MOVES
Markets got a bit volatile into the last hour but dip buyers were rewarded all day. I guess today's market was designed for Tommy the Trader!!!- just don't overstay the welcome.
Strong sectors- gaming, shipping, homies and brokers while metals, utils, telecom, emerging markets and tech lagged.
NYSE- 1425 net winners;
NAZ- 1500 net winners;
NDX- 60 GREEN;
OEX- 70 GREEN;
VIX- down 3 and 5% - under 60;
Up volume 3X the down;
Looks like a buy the dip market for now - just don't overstay the welcome as the market can move very very quickly- Surprisingly AAPL GOOG closed lower while GS was flat- a bit unusual for a big up day.
Monday another day and for now its one day at a time.
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