4 replies to this topic

[esther231]

I can't find anything to explain that huge leap in after hours. What happened?

[blitty21]

I can't find anything to explain that huge leap in after hours.



What happened?

Think it was mostly due to Apple, up over 8 percent in after hours, and Baidu.com, up over 18 % after the close.

[arbman]

There ARE 545 companies that have their; 9 dma is above 20 dma, 20 dma is above 50 dma, 50 dma is above 200 dma, 20 dma has been increasing for at least 1 week, 50 dma has been increasing for at least 2 weeks, 200 dma has been increasing for at least 4 weeks, close is above 50 dma, 5 day average volume is above 20 day average volume AFTER this recent sell off; they are not majorly damaged, any rally is about the large caps and yet the breath is oversold and the market is near a good cyclical low, ticking up slightly here... This is not a weak picture, imho, you have stocks from all over the place, the majority is concentrated in energy, basic materials, technology, services and capital goods. Most of them are large cap companies and part of S&P 500 and Nasdaq 100. This correction has been about the banks and related sectors to the credit markets, but there is still some liquidity out there... - kisa

[esther231]

<<but there is still some liquidity out there...>> I'll say. Yowzers, that's a huge jump. Thanks, both of you. Appreciate it.

[arbman]

So much for the bull market...