26Jul3:49 pmEST
That'll Get Your Attention
The move in many chips today is certainly noteworthy, considering they had already been strong. The ADI for LLTC buyout rumor resulted in LLTC being halted in front of earnings tonight. Speaking of which, AAPL and TWTR headline tonight's report as we head into the FOMC tomorrow and a slew of more significant earnings, too.
Beyond that, materials and steels gained plenty of traction today, despite a vicious morning spike lower on the major averages.
Simply put, this market required extensive nightly homework, which I will be running through tonight for Members in the full recap.
Also keep an eye on recent IPOs LN and SCWX, both under the radar, to start getting more action.