Wednesday, May 26, 2010

Underwhelming but green

Ehhhhhh ... again, not so impressed with the rally. It's sufficient and orderly, even, but clearly without the big fundies, the market is not going to rocket massively. In fact, if it's going to rise again, it might be another quiet-volume type of climb, and not as long.

I'm not banking on that, though. AAPL is ranging at 250-251. Euro banks are all over the place: IRE is up 7% to 5.02, while STD is down 1.6% to 10.20.

C was upgraded and hit 4.03 before reeling a bit to 3.94 (+4.2%). GS is up 1.6% to 144.80.

GLD is up 1% to 118.57, SLV is catching up after a down day (17.85 +1.1%) and TLT (20-year treasurys ETF) is down 0.5% to 98.08.

DJ +95, Nas +34, S&P +12.6.

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