Tuesday, October 12, 2010

Market Recap

Today was a relatively low volume day once again (until the fed minutes), with a slightly bullish move into the close. To me it seems as though the market is trying to find any way to move higher. INTC earnings today did not have much of an effect on the futures, so I am expecting a neutral day tomorrow as no news is coming out. In my opinion the market needs to "refuel" in order to go higher, in the form of a pull back. We are also coming into some important overhead resistance, AAPL is at the big $300, we will see how we react here.

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