Wednesday closed the day with a negative tone giving back half the weeks gains on mixed volume. The NYSE was a lighter volume day then Tuesday and the Nasdaq was heavier, which shows the tech side of the market selling. Gold closed the day down 10 cents at $736.26 an ounce, after yesterdays $20.00 drop that is very digestive action. Crude down 12 cents at $79.93 a barrel on the day with a build in inventories surprising the market. For Thursday we are likely to be quiet ahead of some positioning for Fridays jobs data. Thursday has early data so[...]
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[Source: The Money Blogs]
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