Stock Market Analysis - 07-22-2008
July 22, 2008 · Filed Under Broader Market
The market was surprisingly strong today. After opening down, it managed to bounce back despite a lack of great news. AAPL managed to claw it’s way back to end just a couple percent down, showing surprising strength much to my chagrin. I guess it’s good that it’s not hitting a buy point yet, since the market isn’t really in any condition to establish new longs anyway. Next up on the earnings parade, AMZN, reporting tomorrow after the market close.
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