encouraging but still a revisit is generally needed, let's see.
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From Briefing.com:
Stocks were strong out of the gate this morning, but have weakened considerably since. The S&P 500 has slashed its gain to 0.7% from 1.8%. Technology stocks have rolled over. The heavily-weighted tech sector was up 2.0% early on, but is now down 0.2%.
The 63% premium over Red Hat's Friday closing price paid by IBM raised investor spirits at the open. However, the tech sector's rollover has undermined investor confidence in today's rebound potential
Amazon (AMZN 1558.88, -84.56, -5.1%) and Netflix (NFLX 284.00, -15.44, -5.2%) are both negative by greater than -5%.
revisit, yes, but i'm not sure whether now it's the blue arrow (meaning up from here).
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New post, courtesy of Sentimentrader:
The discount of price to NAV of some of the most-established closed-end equity funds has dropped to -10%. This is one of the largest discount spreads of the bull market.
But this is the one that will give me Halloween nightmares. Fed sucking 33.2 billion out of the system, then of course monthly jobs on Friday. Pay is the big number there, if it increases then Fed stays on course.