Amazingly, The Dow Turns Positive

bull running pamplona

Check out the legs on this bull. Despite weak earnings from Microsoft (MSFT), Amazon (AMZN), American Express (AXP) and so on, and despite a condition of being “overbought” the Dow is now positive on the day. Not by much, of course, only by about 10 as of 1:35, but considering the headwinds, this is surprising, to say the least.

At post time, the NASDAQ is still down by about 12, but a 12-day winning streak which we were sure would come to an end, still has a chance of coming back.

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