Not seen the kind of range today we have seen in recent days, that changes in the markets prove me wrong. We swung from a loss to a gain. It is a smaller loss than we have seen in recent days. Still, the volatility is there, or the swings are there and daily averages. There was no catalyst that seems to send stocks higher. If you look the daily range, with the average, you can see that today, yes, the range is on a relative basis somewhat smaller. Overall, the range has really ticked up recently. Lets zoom in to get a better look. There you have it. Here is todays daily range versus where it has been recently. It is higher on balance that it was last year on a typical day. . Hat is leading stocks higher we have Consumer Discretionary stocks performing well today. Ther armour is helping lead gains there because the companys earnings and revenue came in better than estimated even the north american revenue still fell. The rates of decline is still smaller than it has been in recent quart
Closing basis and the dow in their own intraday level. We continue with this rally was relatively modest as investors are waiting details on what the fed is going to do with its Balance Sheet unwind. Not expected to be announced when the fed concludes meeting tomorrow. Individual stocks we are watching, sprint and tmobile according to bloomberg reporting have been in talks since august on their combination, theres been talks about them being in talks for longer than that. They could be weeks away from coming to an agreement on some kind of all stocks deal in which Georgia Telecom would be the owner of the combined company. At t and verizon are also getting a lift as we watch that move. On the downside today, in terms of what we are watching, we have some big down movers envision health care is one of them, the Company Announced as chief Financial Officer was up and down and announced a buyback. On its give details forecast, and that could be responsible for some of the decline we are s