The market continues to follow oils lead today. Oil hit another all time intraday high and then pulled back. This made for some choppy action in the market today. The Dow and S&P ended the day with little change, but the NASDAQ closed down at the low of the day, down almost 1%. Tech stocks […]
Friday ended a horrible week for the market, and was significant in that the Dow is close to confirming what most traders already knew: We are in a bear market. The Dow is just .1% away from a 20% decline from its record high in October 2007, which would confirm a bear market. This weekly […]
What a slaughter today in the market. The Dow put in its lowest close of the year, and has moved significantly lower since forming a double top in May.
As mentioned here last night, the NASDAQ wasn’t likely to have a good day today, and it fared the worst, down -3.33%. Disappointing RIMM earnings had a […]
