Tuesday, July 03, 2007

Leading Stocks Remain Strong on Shortened Trading Session

The market closed early, with the major indexes hanging on to their early gains. Large-cap growth outperformed again, with the NDX gaining +0.57% while the DOW gained +0.31%.

Brokers rallied +1.23% on the day, with stocks like Goldman Sachs (GS) up over five bucks.

But other leading stocks fared equally as well. Apple (AAPL) was the standout, gaining nearly $6 on strong volume. Many investors feared the stock would selloff after the iPhone release, but AAPL closed a new all-time high instead. Not bad.

Google (GOOG) also reversed its early declines to close $4 higher. And check out stocks like SNCR, WBD, FSLR, BTJ, FTK, UA to see where the real action was.

Have a safe and happy 4th of July everyone!!

long AAPL, GOOG, GS

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