Wednesday finished the day red, but a great recovery off extreme losses. Volume picked up steam on the way down and on the way back down leaving us with an above average volume day across the broader markets. The Dow finished almost unchanged after being down 180 points, the other markets very weak and reversed as well. The Bulls brought out the eraser and took charge the last two hours of the day. Gold closed up $2.40 at $765.50 an ounce and oil closed up $1.83 at $87.10 a barrel. Into Thursday we have a market pretty much unchanged that is full[...]
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[Source: The Money Blogs]
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