Discuss Market Comments 07/15/11

Bull flag - do or die - Yesterday we saw more early gains tease investors as the sellers showed up again after Fed Chairman Ben Bernanke basically said QE3 is not going to happen. The Dow lost 54-points...

Current Daily Market Commentary

Market Commentary for 7/15/11

 

[JTH]

What are we supposed to think if the OUTSTANDING Google earnings aren't enough to pop this market? If the glove doesn't fit you must acquit, if earnings can't create a pop, the market will drop...

 

[tsptalk]

Google is kind of a strange situation. It's a large company in the Nasdaq but it not a tech stock and they don't really manufacture anything. Investors have realized that they are not a market mover like an Intel, IBM, Cisco, or Apple, which are more influential on the prosperity of other companies. It's been a few years since Google's earnings really moved the market.

We'll find out how the market reacts to those other companies soon enough.

 

[JTH]

Check out the 12% gap wow!

 

[Sensei]

Check out the 12% gap wow!

Don't mess with me, man. You know I don't understand gaps! :blink:

Seriously, prices looked to be all over the neutral line. What are you referring to?