Today, 11/12/08, The Stock Market and Dow Jones are opening lower but are boucning off their lows. The Dow Jones opened up around 8500, down 190, but has since bounced around 50 points to only down 140. It seems as though the bargain hunters are stepping in here. We've gone down 1000 points in the Dow Jones in the past week. Maybe its time we get a reversal?
The Nasdaq is down 20 and the SP 500 is down 14 to a fresh low of 885.
Interesting stocks to watch, First Solar ( FSLR ) has come back to $120...if you can break through the highs of the day, this stock could really run. It seems someone is liquidating because the market is bouncing without First Solar.
Biggest Gainers Today - November 12th, 2008
Henry Paulson will be updating the nation on the tarp plan at 10:30 am est.
http://daytradingstockblog.blogspot.com/