iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Market Update

U.S. equities have pared half their gains after being up as much as 80 and change on the DOW.

The NASDAQ is being dragged down by $AAPL which is down roughly 12% today.

Retailers have sprung back today after the sector took a drudging yesterday due to poor earnings out of $COH.

Transports are currently fighting with retailers in leading the market higher.

Oil inventories came in slightly below expectations, but a build in supplies none the less. WTI is currently up $0.89.

Gold is getting hammered for $19 sticks with other metals are weak as well.

Given good jobless claims and PMI data i would be surprised if we did not close at the highs or more of the day.

Finally the Yen and the Euro are trading higher against the dollar.

 

Market update 

3D heat map

[youtube://http://www.youtube.com/watch?v=LerOXe4R2lM 450 300]

Link for iPhone users: http://www.youtube.com/watch?v=LerOXe4R2lM

 

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