U.S. stocks ended the day mixed, with the Dow Jones and Nasdaq 100 posting modest gains on light volume while the other major averages traded lower. The Dollar traded within a choppy and narrow trading range, and the stock market essentially followed suit.
The big news of the day for stocks was Priceline posted earnings that tripled in the 3rd quarter. The stock closed up over 17%. Surprisingly, the Nasdaq Composite failed to have a positive close as a result.
The bottom line was that this was a boring trading day, and day traders would have been smart to call it a day early and go play some golf!
Scott Cole www.bestdaytradingstocks.com
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