Reply #27: 3:26 update [View All]

[54anickel]

Dow 10,012.16 +1.42 (+0.01%)
Nasdaq 1,908.10 -17.93 (-0.93%)
S&P 500 1,096.38 -0.06 (-0.01%)
10-yr Bond 4.788% -0.063
30-yr Bond 5.503% -0.055

NYSE Volume 1,130,575,000
Nasdaq Volume 1,283,230,000

2:55PM: Stocks edge off their best levels as this session continues to be more akin to something out of a country western song - two steps forward, one step back... Buyers have not exactly exhibited the kind of conviction needed to send this market shooting higher - with sector leadership spotty, market internals mixed, and the indices still trading below key technical levels like the 50-day moving average... As it stands now, the Dow, Nasdaq, and S&P 500 are poised to close lower for the week, but not by much...
Despite its weak performance today, the Nasdaq is just 2 points away from finishing higher...NYSE Adv/Dec 2133/1131, Nasdaq Adv/Dec 1347/1711