PRE-MARKET
DOW down 250…NASDAQ hardly budged with the NDX up. SEMIS were also strong. We walk in today with DOW/S&P flat but NASDAQ/NDX up strong. That is a theme this second. Not sure it is good news when a select few get all the money but won’t argue with it. You know the names. All the “glamour” TECH/INTERNET.
Walmart hurt the DOW yesterday but everything counts. When it went up nicely in the past year even though they had no growth, it counted…so it counts now.
Don’t want to go any further than that as the rest of the market is blah!