Big uptick day in the market +200pts last weeks backup taking steps back up the trend – AAPL, GOOG, OEX
Today was definitely good news with Japan’s loan system offering 0% will definitely increase business moving the economy forwards. U.S. markets spiked higher from almost a two week breather from new 2010 highs. AAPL and GOOG took a nice healthy move and I’d predict they will move higher and the OEX moved higher which I’m following. At first in the morning without reading the headlines I thought it was just a quick high sell and was going to drop hard after 10am, but then all the movement slowly increased for the rest of the day. Shows even though technically news doesn’t play a huge part in stocks it does daily. So I better watch out before even practice trades.