Reply #31: 12:56 snapshot [View All]

[ozymandius]

Dow 13,250.97 Up 9.59 (0.07%)
Nasdaq 2,568.68 Up 3.22 (0.13%)
S&P 500 1,504.62 Up 2.23 (0.15%)
10-Yr Bond 4.64% Down 0.034
NYSE Volume 1,496,893,000
Nasdaq Volume 1,258,343,000

12:30 pm : The market has encountered a bout of selling interest that has robbed the Dow and Nasdaq of their earlier gains. Altogether the market is mixed and basically flat for the session.

There wasn't a specific news catalyst for the recent pullback, as it is simply a case of profit taking. Entering today's session the Dow was up 0.9% for the week after gaining 5.7% in April.

the pullback, like the earlier advance, has been orderly and broad-based.DJ30 -6.34 NASDAQ -1.95 SP500 +0.38 NASDAQ Dec/Adv/Vol 1356/1519/1.11 bln NYSE Dec/Adv/Vol 1226/1825/647 mln

Just a drive-by posting. I'm about to spend the entire day in meetings and on the phone.

Ozy :hi: