|Day Low/High||30.23 / 30.25|
|52 Wk Low/High||1.12 / 30.36|
The problem for the bears is that there are still plenty of folks trying to extract some gains from the upside.
Celator Pharmaceuticals jumped more than 70 percent in Tuesday's trading session after Jazz Pharmaceuticals said it would buy the company for $1.5 billion.
The uptick in the small- and mid-cap space bodes well for future capital appreciation.
Celator led the pack of market movers in premarket trading Tuesday, jumping more than 70% off news of a $1.5 billion takeover bid from Jazz Pharmaceuticals.
Will the market still brush off worries of an interest rate hike?
Besides today, she has another speech coming up in early June.
I can't seem to put enough capital to work in individual stocks.
Keep an open mind and wait for technical conditions to develop further.
We are back to the old pattern of squeezing shorts and frustrating underinvested longs.
The pattern is for the Fed to come out with some market-soothing comments.
With the way this market has rotated from good to bad each day, you can't be too aggressive.
Themes such as precious metals are the best place for trading but even then, it can shift fast.
The likelihood is that this action is a consequence of computer programs.
It is the sort of action that we see in solid bull markets, although this one sure causes some concern.