Thursday, June 25, 2009

Market wrap - 4:10PM

Quite the day in the market. Dow 8,472.77 +172.91 (2.08%) S&P 500 920.26 +19.32 (2.14%) Nasdaq 1,829.54 +37.20 (2.08%) Gold 940 +5 +0.55% Oil 70.33 1.56 2.27% Today's leaders by sector: Today's heatmap (check out the obscure shit that made this go up today).
This was a bizarre day. Futures flat before open, then dropped considerably once the jobs and GDP came out. Then, once the casino opened, it shot off like a rocket. All the while, Bernanke was in process lying, and "I don't recall"ing to congress. Of course the shill on CNBC did their best at making him out to be a hero. Nice. The market sold off a bit after the testimony, only to rip almost straight up at the close. How many times have we seen that? Amazing. Free market my ass.

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