The market trades in a very narrow range by noon today. Dell has dampered the market because of the profit and revenue warning, but it did not have any major impact like what it used to have. Overall, it is not major event. Google will have a much bigger impact on market than Dell these days. No doubt the leadership has changed from the old to new (Dell to Google). The movement of Google signify this change. Aside from leadership impact, the FED meeting is the center piece for the afternoon.
Today NWRE is another leader in the making. It is making another new high today. Earning is coming out on November 3, I am expecting it will beat the target when it announces on that day. As I have previously discussed, it is in a strong uptrend.
Today's market positive momentum movers:
GOOG, AMED, APPX(from down to up), RVSN (got small position this morning), IVAC
Today's negative momentum movers:
AACC, DELL, TTWO
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