???

[mkarpoff]

Market up big at the moment. OIl up a bit. Lots of our faves down. I think we may have hit a wall for now.

[dan_s]

Sorry, but I had to LOL when I saw that conclusion after one hour of trading. However, there could be some profit taking on our favorites since they are up BIG YTD.

[mkarpoff]

You are correct; only one hour, but these anomalies always confuse and surprise me.

[dan_s]

Just remember that on any given day (or hour) the only thing that makes most stocks go up or down is the number of buyers vs the number of sellers. Especially, if there is no news. So much of today's stock trades are done by computers that emotions are removed.

[jb2257]

I wonder if there is a fear about the strengthening dollar and the Fed getting ready to raise interest rates..

[dan_s]

FEAR and GREED drive the stock markets. It is fun to watch. There is always something to fear, but supply/demand fundamental ALWAYS win out in the end and oil supply/demand is RAPIDLY coming back into balance.