The ECB did nothing today, which is typically of Draghi. He likes to talk a big game and do nothing. Thus far, he’s gotten away with it.
Futures are all over the road. In light of the TWTR report, I expected social media stocks to sell off. However, it appears YELP and SALE might have saved the day. The market may just ignore TWTR and offer Wall Street some upside bounces today.
There isn’t a lot of enthusiasm in the tape now, save GMCR. In order to break the malaise, it’s important that the market rip higher with conviction, otherwise it might get bogged down by people selling rallies.
More later.
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The Fly is GAWD!!!
Old fly pick USG is ripping tits today on earnings.
somebody get that bitch some colgate.
she might as well just wear a grill
Is this what a dead-cat bounce feels like? I own a bunch of stocks and a third of them are going lower today, though not terribly (about 1% average).
I’m guessing David Einhorn isn’t feeling terribly enthusiastic today…