Tech stocks were among the best performers with Cisco leading gainers. Energy stocks came under pressure after the government's weekly inventory report showed smaller-than-expected declines in U.S. supplies of oil and gasoline. It's been a pretty mixed day with not much to react to. Q1 earnings will be the main driver next week. The implied volatility remains low as bullish sentiment still prevails.
Thursday, April 7, 2011
Showing strength
Tech stocks were among the best performers with Cisco leading gainers. Energy stocks came under pressure after the government's weekly inventory report showed smaller-than-expected declines in U.S. supplies of oil and gasoline. It's been a pretty mixed day with not much to react to. Q1 earnings will be the main driver next week. The implied volatility remains low as bullish sentiment still prevails.

