Daily Wrap
DJIA +80.71 (+0.60%) to 13,471.22; S&P 500 +11.10 (+0.76%) to 1,472.12; NASDAQ +15.95 (+0.51%) to 3,121.76 Today’s session started like yesterday’s with early strength that started to wane as the morning went on. Today differed in that around the 11-11:30 AM EST time we bottomed and then moved higher the remainder of the day. Before the market opened we got slightly worse than expected jobs numbers but for many traders those were offset by strong export data out of China. With earnings season still a week away the market looks like it is happy to continue higher. The big stock…
Daily Wrap
DJIA +82.71 (+0.64%) to 13,034.49; S&P 500 +2.23 (+0.16%) to 1,409.28; NASDAQ -22.99 (-0.77%) to 2,973.70; Today’s action was somehow boring and choppy all at the same time. While we had some moves back and forth it didn’t encompass the entire day and the other times the S&P 500 showed relatively tight action. More exciting was the Dow and Nasdaq which had moves more that 4 times the S&P although both closed within 1% of the previous day’s close. Weighing on the Nasdaq today was Apple Computers (AAPL). More trading than news drove today’s action. I even saw a note…