After the pause day yesterday, the sell-off resumed with a vengeance today. At one point the DJIA was down nearly 300 points. Declining stocks led advancing stock on the NYSE by 4:1 and the number of 52 week new lows on the NYSE was the highest since Aug. 26th. In today’s Weekday Market Wrap video (below) I look at all the action. Continue reading
The bears are taking a break as the consolidation continues. The DJIA was up 102 points yesterday and 330 point for the week. In the Weekend Market Analysis video below I look at all the market action in detail. In addition to all the key ETFs, I look at Micron Technology (MU) today.
Also in this week’s AskJoe Show Episode 2, posted yesterday, I discuss the long-term Elliott Wave count for the DJIA. Continue reading
Powered by WishList Member - Membership Software