Google drops like a stone thrown off a bridge after their Chief Financial Officer says growth is slowing. Stock is moving fast Support looks to be at the low of the day 338, resistance 359.
Spot gold higher, but many mining shares flat to down. The mining stocks that recently announced earnings, NEM, PAAS, ABX have all gone down after their earnings. Higher expenses are a common thread.
PDLI stock higher after the earnings, but not much oomph in the step up. The old high at 31.60+ looks like it is offering resistance. I am tempted to cash in some profits with my double position. Logic tells me that the stock is headed higher, so I can weather the short term volatility. Both the call buyers and put buyers are losing today, as the earnings volatility premium evaporates.
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