The dollar is enjoying the day closing in on its four month high from March of 80.73 currently at 80.69.
Electronic stores are looking strong today with the industry up about 2% being led by GME up 3.54% Radioshack up 2.34% and Best Buy up 1.66%.
The Telecom industry is beginning to erase its gains from last week currently down 1.2%. This is sparked by slacking from AT&T and Verizon both currently trading in the Red.
Groupon is one of the big gainers today up almost 10% at 10.82, while Tii Network Technologies soared today after news of the buyout by Kelta Inc for 33.1m. They are up 42.75% to 2.07.
On the downside is Ancestry.com(ACOM), hit after NBC cancelled its show “Who do you think you are?” which was a big part of the websites promotions.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu