The market rebound as energy and telecom edged higher. The Case-Shiller home-price index showed home prices falling a nonseasonally adjusted 1% in January. Tech stocks posted solid gains, as Amazon advanced sharply on the announcement of the company’s new cloud-based music service, which came ahead of similar offerings rumored from Apple and Google. Implied volatility inched lower again.
Wednesday, March 30, 2011
More upside seen
The market rebound as energy and telecom edged higher. The Case-Shiller home-price index showed home prices falling a nonseasonally adjusted 1% in January. Tech stocks posted solid gains, as Amazon advanced sharply on the announcement of the company’s new cloud-based music service, which came ahead of similar offerings rumored from Apple and Google. Implied volatility inched lower again.
