Stocks slid in the morning, but managed to turn up after the European leaders promised to help Greece. The dollar remained stronger versus the euro.Gains were broad based. However, markets remain vulnerable to a pullback following last year's big rally. FT reports that Apple could begin selling US television shows for $1, when the iPad hits the stores. Google announced its plan to build its own "experimental" fiber networks. QQQQ implied volatility dropped to 21 as fears faded away.
Friday, February 12, 2010
Tried to bottom out
Stocks slid in the morning, but managed to turn up after the European leaders promised to help Greece. The dollar remained stronger versus the euro.Gains were broad based. However, markets remain vulnerable to a pullback following last year's big rally. FT reports that Apple could begin selling US television shows for $1, when the iPad hits the stores. Google announced its plan to build its own "experimental" fiber networks. QQQQ implied volatility dropped to 21 as fears faded away.
