A friend of ours who slaves for a big hedge fund called and point out the really low volume of trading (lower than Friday) on both NYSE and NASDAQ.
Maybe its because Wall Street doesn’t give a damn about CES? Motorola and Nokia outlined their grand visions, and the stocks ended the day in red.
Microsoft managed less than one percent gain, and Qualcomm’s MediaFLO didn’t impress anyone. And to make matters worse, Samsung came out with a grim outlook. Even Apple didn’t go anywhere! Okay, its time to hit the sack – more from the Main Event in San Francisco tomorrow morning!