Going Nowhere Fast
Markets ripped higher pre-open, gave it all back right away, moved higher again, and then gave it all back again through to the close. There: we just saved you six and a half hours, you didn’t miss a thing. Alcoa announced earnings after the close and missed and is down another 15 cents after a -1.50 day. Indexes hit some overhead resistance and volume was really blah today. The VIX, which was down another 3% intraday, closed down just 0.03. Great comment from…
Monday, April 7, 2008
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