NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks gapped higher out of the starting gate yesterday morning, but subsequently drifted sideways to lower throughout the day. Selling pressure in the final fifteen minutes of trading caused the broad market to finish near the flat line and its intraday low. The Dow Jones Industrial Average was flat, while both the S&P 500 and Nasdaq Composite surrendered early gains of approximately 1% to finish 0.1% lower. The nearly unchanged S&P 500 left the index glued to its 200-day MA for[...]
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[Source: The Money Blogs]
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