Chop

  • Everything was down in the pre-market: stocks, oil and gold.  The market caught a bid shortly after opening, oil reacted to international events and boomed higher but gold continued to sink.
  • At 1pm the market is rolling over.
  • BAC turned out to be a heck of a trade on the opening, up 15%.  Wells Fargo up similar as banks get bids.
  • GOOG broke down through $300 for first time since mid-January.  Tech generally weak.
  • GE strong and looks to have legs so added to my initial 1/4 position.