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Tuesday, January 09, 2007

Still Flowing

Another mixed day for the market. We had some continued sector rotations, but overall there was little conviction on either side of the fence.

End_of_day_chart_75

Falling oil prices and Apple garnered everyone's attention. Hopefully Alcoa's report this evening will kick off another gangbuster earnings season. The jury is still out on that one, but as we've seen, the bulls aren't waving their white flags just yet. For a stock like AAPL to go up that much in one day along with the concentration of biotechs on the daily winners list, you know the bulls' juices are still flowing. Have a great evening!

Posted by Kirk at 6:00 PM in Review | Bookmark | Feeds | Link |


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