The selling on Wall Street resumed today. One word comes to mind to describe it…relentless. Declining stocks outnumbered advancing stocks 8.5 to 1. Declining volume however led advancing volume 18 to 1. Now that ratio is pretty negative but in terms of declining volume, not yet close to the peaks in August selling.
In tonight’s Weekday Market Wrap video I look at all the price action including HYG, TLT, USO, GLD, XHB and IBB. I also take a look at Facebook (FB) down 3.8%, Starbucks (SBUX) down 3.8%, Visa (V) down 4.9% and GoPro (GPRO) down another 8%.