There still wasn’t much change in the action despite the hike in interest rates today. The indices are still locked in a narrow range. They tried to sell the Nasdaq off today but it held the lower end of the range. We’ll just have to wait and see which side of the range gets broken. (My guess is that it goes higher.) Here are charts of the Nasdaq, S&P 500 and everybody’s favorite GOOG:
I think everyone on the planet is waiting for a pullback of the SP500 and some of the large cap leaders. I wonder how far it’ll go…
Nice look to the site, btw!