To little surprise the statement indicated that economic activity continues to strengthen. Apple's iPad helped the tech sector outperform its counterparts. Apple shares initially dipped as the announcement was underway, but jumped after the lower-than-expected starting price of $499 was announced. QQQQ implied volatility inched lower. The QQQQ technical chart looks very bullish in the short-term.
Thursday, January 28, 2010
Erased intra-day losses
To little surprise the statement indicated that economic activity continues to strengthen. Apple's iPad helped the tech sector outperform its counterparts. Apple shares initially dipped as the announcement was underway, but jumped after the lower-than-expected starting price of $499 was announced. QQQQ implied volatility inched lower. The QQQQ technical chart looks very bullish in the short-term.
