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Thursday, April 25, 2024

Comment by Phil

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  1. Phil

    Nas is finishing green thanks to 2% AAPL pop (well played) that added 0.4% to the index (up 0.3%) all by itself.  Dow barely down but doesn't look like they can get green here.  75M shares traded with 5 mins to go means a good 40M coming in at the last minutes.  

    Oil just stopped dead at $97.30 and now flat.  

    Gold still up at $1,657.  TLT $124.50!  VIX 15, Dollar 81.55.  

    CNBC can't understand why the sheeple didn't stampede in when they just told you how great the Fed minutes were.   Don't worry, I'm sure the WSJ will straighten them out overnight…  

     

    Fed Minutes Signal Action Likely

    The Fed sent its strongest signal yet that it is preparing to take new steps to bolster the recovery, saying that measures would be needed fairly soon unless economic growth picks up substantially.

     

    U.S. Stocks Pare Losses

    U.S. blue-chip stocks pared the day's declines, propelled by hopes that the Federal Reserve may act again to stimulate the economy. 

    Hey, guest on CNBC says not enough retail (ie. stupid) investors in the market.  

    I love this picture – a Chinese swimming pool.  Yep, China will be the answer to everything:  

    [image]

    There's the bell – Just the Nas makes green and here comes HPQ earnings, which better be good but they already fell $1 from the top this morning (down 4% officially).  

    Lame volume – 106M for the day.  



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