Quote from optioncoach:
We are not talking about 2001 here with 40 point NQ moves. Nowadays 15 point swing is relevant for NQ. The point was the market did make a significant move solely based on GOOG earnings.
If you put the NQ 3:45 pm move in terms of velocity, it's significant....very significant.
And hey, what about that EBAY tank today on a good report.
Hallo: "All of the good news is already in the price".