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Toddo on TV: The Four Legs of a Trading Table


Markets, movers and more.

Does a 12,000 Dow Jones Industrial Average matter psychologically? Yes, says Todd, that nice round number kind of sort of does. The monster's alive and well and will spring to life with a break below.

The Buzz & Banter segment finds Todd discussing the four metrics that determine price action - fundamentals, technical, structural and psychology. Today there was a tug-o-war between the structural metric (the Citigroup news) and the psychological metric (the 3% drop in crude).

Now watch this! Todd's eyeing Citigroup (C) (reaction to the news), Yahoo (YHOO) (if it fills the pre-Microsoft (MSFT) gap to $19 and change, he's interested on the buy side) and Google (GOOG) (trading funky all day).

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No positions in stocks mentioned.

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