Not a bad recovery at all. NASDAQ, SP500, SOX, DJ30 all holding support and rebounding. Similar action among NASDAQ big names. Chips bouncing decently off lows. Indeed, they are improving into the close with SP500 moving to session highs toward the bell.
Definitely not out of the woods but not a bad response to a Tuesday that threatened to get a bit out of hand. We closed ISRG, BABY. As for new positions, not ready to move in on anything as nothing is really showing super action though BIIB still looks really good. It has not made the move yet.
SP500 4.17, 0.19%
NASDAQ 1.56, 0.03%
DJ30 21.51, 0.12%
SP400 -0.19%
RUTX -0.35%
SOX flat
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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