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Another down day on market until the last minutes that the Dow Jones had turned into 172 point gain. The high-low swing of today is about 500 point, another volatile trading day. The Nasdaq was not able to turn into positive though, -11.84, closed at 1603.91; S&P was up 11.33, closed at 908.11.
The crude oil still closed lower but the energy sector ends up higher.XOM was up 9% today.
The earning report from companies such as Microsoft, MacDonald, and Western Digital all show good return for the third quarter, though the market has changed so quickly that nobody would expect good result from the 4th quarter, and it is usually the most important shopping season of the year.
Today's Trade:
Bought FNM $0.7
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