NOTE: Please click on the charts below to enlarge them if they do not appear clearly.A plethora of market-moving news and rumors fueled whipsaw action that saw the major indices break out above their previous day’s highs, sell-off below their prior day’s lows, then recover to close near the middle of their intraday ranges. When the dust finally settled, most of the main stock market indexes had closed modestly higher. The Nasdaq Composite, up 1.5% at its intraday peak, and down by the same percentage at its intraday trough, finished nearly in parity. The tech-heavy index[...]
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[Source: The Money Blogs]
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