The Dow was off 200 points earlier, now down just 40. Basic material names are leading the way, which is a net positive all things considered.
News of Apple possibly cutting back on semiconductor orders had the stock sucking dick earlier today. Now the stock is off by less than 1%.
Large cap stocks in the green include GOOGL, MSFT, HDB, WFC, AMZN, JPM and PG.
Using the real time momentum screener inside Exodus, the following stocks are at the highs of the session:
CELG, BID, VMW, SOL, CHTR, SQM, NAT, LH, JBLU and NOW.
Should the markets go back down towards the lows of the day, I fully expect centaurs from hell to appear on the NYSE tomorrow morning, kicking traders headlong into the machines and making a big mess about things, as a general observation.
NOTE: The S&P is now flat, reversing a 20 point deficit.
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“Rich people have gotten richer under President Obama.” ~ Mitt Romney 2015
1 Lehman was Bush’s fault (sarcastic)
2 Formerly free-r markets were usurped
3 Poor/rich gap with middle class struggling
Get Yer 40!
Market-controllers (market by itself is incomplete) being very sinister. Syria drawing Russia we guessed an eventual outcome, now more probable Israel. Which some prophecy describes. Vix holding above 20/21 anyway
Black swan probability hm? lol