NOTE: Please click on the charts below to enlarge them if they do not appear clearly.After just a one-day bounce off its recent lows, the broad market got slammed again. Stocks drifted lower in the morning, briefly stabilized at mid-day, then plummeted to new short-term lows in the final ninety minutes of trading. The Dow Jones Industrial Average fell 2.1%, the Nasdaq Composite dropped 2.5%, and the S&P 500 skidded 2.7%, breaking well below its 200-day moving average in the process. Small and mid-cap stocks, both of which have been showing the most relative weakness sinc[...]
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[Source: The Money Blogs]
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