The SPY closed yesterday at 200.86 after hitting a low of 198.57. It's currently trading around 201.40 in the pre.
Here's what I'm watching with commentary from www.marketwatch.com:
said it’s exiting its money-losing Canada business,
and the retailer also said now expects fourth-quarter comparable sales
to rise 3%, ahead of its original guidance of a 2% rise.
Notes: News came out at 0815. Stock popped from 74.30 to a high of 80.
It's currently trading around 77 on 3.2m shares traded.
shares fell 15% to $10.70 on
very heavy volume after the company said it has not talked to Samsung Electronics Co.
about being acquired. Shares of
Blackberry shot up 30% to close the regular session at $12.60 on speculation of a deal.
Best Buy Co.
said it didn’t expect the improvement in sales seen during the holiday period to extend into the new year.