With the exception of the DOW, the market is trading slightly down in the afternoon. The down tick reversed from the earlier gain was contributed to the uptick in price of oil after Iran refused to shut down its nuclear weapon program. I think this is expected by the street. Who does not want to own the powerful nuclear program is a fool. I believe this is just another excuse for the traders to take some profits after the recent surge of prices in stocks. The uptrend is still intact.
Advancers:
(JADE) - what a move by the stock in the recent days. It is up another 9% down from the earlier up 15% this morning. If you bought it yesterday after my blog mentioning, you would still make money on it. I believe it still have strength until it hits $15. Trade with care.
(WOOF) - Beats estimates this morning.
(MR) - massive up volume on the stock without news.
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