The market is making a comeback in the afternoon. It opened higher, then it sank, it came back. The sink is mostly due to the higher price of oil and natural gas due to colder winter in the recent weeks. The semi companies were taking some small hits today after National Semi (NSM) forecast lower revenue in the coming quarters.
The uptrend still looks very promising. The market is trading in very narrow range.
Advancers:
(NUAN) - better than expected earning
(GROW) - broke out of the $50 and traded above the recent trading range (mentioned yesterday)
(DWSN) - better than expected earning and in the good oil sector
(NOV) - better than expected earning and in the good oil sector
(IFOX) - no news, maybe better news is coming? Volume has doubled
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