The big story yesterday was the NASDAQ/NDX holding the 50 day average again…almost to the penny. The same thing happened at the end of June. This time led by AAPL which gaped and continued up. On top of that, AMZN got going again. Even the worst reactors like FB, NFLX and TWTR bounced enabling the move.
Unemployment is 3.9% this morning. Futures flattish. Lots of jello moving on the plate off of earnings. Seeing an amazing amount of blow-ups as well as gaps to the upside.
Full report on the weekend.