bottom line the stock showed strong institutional buying all day..
that and $5.00 will get you a share of Ford..
Like i said before MA is a great trader,, whether it is in the 227/260 range or the 213/248 range
MA will rise again,, however it will need to rise with the market.
I am out of my Calls with a nice 'hit'. congrats to those that were short or held PUT positions. FUD was at work today, and the jobs report most likely will have it at work tomorrow.
I will be looking for entry either at 234 or 227.
Today's bad print on the close leads me to believe tomorrow will be another minus 14/18 point day.
It is the same as the bad print on the 320 close and the 218 close back before the Visa IPO,, print much higher so it can look negative on the open the next day.. Each case had a 14 point drop from the bad print