Priceline getting hammered after hours for its miss.
Disney is slightly down after hours
This is all light volume technical trade. I think the wiseguys are pumping up a dull market to cheapen the costs of downside insurance (puts) in order to set up the next dump to the lower end of the trend channel.
But, one can never really tell which way the fraud is blowing.
Supposedly stocks rallied today because of the BLS' JOLTS (Job Openings and Labor Turnover Survey) which came out flat. Consumer Credit came in quite a bit light.
As I said, this was all technical, and one can apply whatever rationale they prefer.
