After a few days of down-time from Hurricane Sandy, stocks opened Wednesday with still mixed feelings. Markets opened at highs and sold off by noon or later.
Remember that Bull Markets typically start low at the start of the day and end high towards the end of the day. Bear markets typically start high and end low towards the end of the day. Study
LOW and HD both getting a pop due to Hurricane Sandy sympathy plays, so the volume picked up and there-fore the stocks received a nice boost.
BIDU was consolidating here the last couple of weeks, but heavy volume to do the down side may push this stock lower.
NFLX appears to be cruising for the time being, but it should at least pull back slightly before moving higher if volume can take it up.