Technology running wild, AAPL & QCOM

The market traded in an extremely tight range all day after the strong gap-up open. The strong AAPL and QCOM results probably will help the bulls continue tomorrow into friend holiday seasonality.  Breadth was exceptionally strong and volume was decent. Banks were the only weak sector today.  After hour looks like we will be challenging the high around 1,340 on the S&P 500 tomorrow. We can even afford to back-and-fill a bit here after such a strong showing. Talks of inverse head and shoulder are popping up after the double top talk of two days ago.  

Related posts:

  1. 09.08.10 – Technology Leadership
  2. Slow and Steady AAPL, IBM
  3. Apple (AAPL) vs Financials (XLF)
  4. Wild Action
  5. Sour Apple & Cross Currents AAPL & VIX

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Computer HardwareInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!