The ECB Rates unchanged as expected. Legarde did not commit to any course of action going forward.
The S&P index is currently up 0.15% or 9.45 points at 6368.12. Yesterday the S&P closed at a record high. The high price today reached 6374.63 a new all-time intraday high.
Alphabet shares are trading up $1.94 or 1.0% $192.05 after earnings yesterday beat expectations. However, the price is now well off the high of $197.95 reached shortly after the open. The price is up 35.20% from its April low, but short of its all-time high reached in early January $207.05. Looking at its hourly chart, the 50 hour moving average is at $186.44. It would take a move below that moving average and then the 100 hour moving average at $182.12 to tilt the bias more to the downside.
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