There was a fair amount of selling into a pretty consistent stream of bad news. But it ended without panic selling ... and the Bulls can take some comfort in that.
With a market sell-off of this magnitude, watch for an increase in volume and volatility.
Will sellers finally press their bets? If so, summer may get a little hotter.
If, however, the Bears stay on the sidelines ... once again, look for traders to buy into the next rally.
Comments
Tough Week For the Markets
Wow! That was a tough week for the markets.
There was a fair amount of selling into a pretty consistent stream of bad news. But it ended without panic selling ... and the Bulls can take some comfort in that.
Tough Week For the Markets
Wow! That was a tough week for the markets.
There was a fair amount of selling into a pretty consistent stream of bad news. But it ended without panic selling ... and the Bulls can take some comfort in that.
How bad was the week? Here's an overview.
via The Daily
With a market sell-off of this magnitude, watch for an increase in volume and volatility.
Will sellers finally press their bets? If so, summer may get a little hotter.
If, however, the Bears stay on the sidelines ... once again, look for traders to buy into the next rally.
Posted at 04:20 PM in Business, Current Affairs, Market Commentary, Trading | Permalink
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