Reply #26: And just before 3 EDT (with blather)

[Maeve]

2:30PM: The Nasdaq retested its 50-day moving average at 1670 and broke through it, leading to intensified buying interest... As a result, all of the major averages are at new session highs and the Nasdaq has broken into positive territory... The oil services sector is worth highlighting since it has been among the consistent leaders to the upside in today's session... Its resilience is especially noteworthy in the face of a downgrade of one of its components, Diamond Offshore (DO 18.62 -0.23) to Neutral from Overweight at JP Morgan based on the company's fleet status showing lackluster day rates...
Separately, the price of crude oil fell $-0.57 to $31.65/bbl after the U.S. Energy Department reported that nationwide inventories increased last week, narrowing a year-on-year deficit... Specifically, U.S. supplies rose 2.9 mln barrels to $280.2 mln barrels in the week ended Friday...
http://finance.yahoo.com/mo

on edit: the markets REALLY went up because I took two teenaged girls shopping! HA!

Dow 9,109.78 +73.46 (+0.81%)
Nasdaq 1,668.89 -4.61 (-0.28%)
S&P 500 972.81 +7.35 (+0.76%)