« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Daily Market Commentary: Selling Hits Hard

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 15 Nov 12 6:15 AM | 91 view(s)
Boardmark this board | De's Test Board
Msg. 44940 of 45651
Jump:
Jump to board:
Jump to msg. #

There was simply no hiding today. The Russell 2000 took the brunt of the selling, dropping 2% and finishing near the low of the day. Other indices were similarly hit, but none to the same extent as Small Caps. Volume rose in a confirmed distribution day. The S&P was notable as it gave up 200-day MA support.

Uploaded Image

more,,,,,,,,,,,,,,,,,,

http://www.markets.fallondpicks.com/2012/11/daily-market-commentary-selling-hits.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FallondTradeHistory+%28Fallond+Trade+history%29




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next