The market is higher this morning as tech stocks are bouncing. Most of the big tech stocks have had big pullbacks, and a bounce is certainly in order. I bought some QQQQ yesterday in anticipation of some sort of relief rally unfolding.Amazon.com (AMZN) is up nicely after the company announced a $1 billion stock buyback. It also said that it may redeem $1 billion of its outstanding debt as well. They certainly have the cash to do it.Oil prices are higher also, above $89, after OPEC said that it may cut output next mo[...]
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[Source: The Money Blogs]
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