Thursday, March 6, 2008

NAZ Isn’t Feeling Snazzy

Monday left the market red across the Nasdaq, Dow, and the Russell. The S&P 500 managed to sneak in a small win for the day. Volume fell off on the day to underpace Fridays performance. A very weak start left the market uncertain and despite the big late day move off the lows the Nasdaq still closed at a 17 month low. Weve seen lower intraday levels, but this is our first close at this level since September 2006. Gold closed the day up $8.20 at $983.20 an ounce and oil closed the day up 44 cents at $102.28, after seeing an intraday high of $103.95 (a [...]

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[Source: The Money Blogs]

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