The market spent almost the entire session trading with moderate losses until some late support helped the major indices improve their position and settle at afternoon highs near the neutral line. The tech sector was this session's best performing sector. It booked a 0.5% gain with help from semiconductor stocks, which advanced 1.5%. Kaufman raised their Apple estimate. QQQQ remained very low. We don't expect substantial movements today.
Thursday, December 31, 2009
Finished flat
The market spent almost the entire session trading with moderate losses until some late support helped the major indices improve their position and settle at afternoon highs near the neutral line. The tech sector was this session's best performing sector. It booked a 0.5% gain with help from semiconductor stocks, which advanced 1.5%. Kaufman raised their Apple estimate. QQQQ remained very low. We don't expect substantial movements today.
