MORNING MARKET COMMENTARY- Thursday, May 8, 2008Stocks Fall On Tighter Regulations, Weak Housing Data & Higher Oil Prices - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC)The major averages fell on new regulations from the SEC, tepid data from the housing market and record high oil prices. Volume, an important indicator of institutional activity, was higher than the prior session on both major exchanges, causing another distribution day for the ma[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment