Wednesday finished the day green across the broader markets after a very weak start on the day. The volume on the NYSE and Nasdaq increased, which left an accumulation day for the NYSE and Nasdaq. Our volume is still under the 50dma, which is telling us we are not at the levels we saw back in January. Gold closed up $7.60 at $937.40 an ounce and crude rallied again today to close up 85 cents at $100.86, after touching $101.32 intraday (a new all time high). Our weak start on the day was off CPI showing worse inflation than expected. By late[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment