After such a big move in the US stock markets yesterday we highlight below where the Dow, S&P 500 and all of its ten sectors are in relation to their "normal" trading ranges. Those familiar with the matter know the highlighted range as the Trading Envelope. The financial sector has lead the market lower, sharpening its decline over the last month. The worst performing sector yesterday was energy, down 3.67%; with materials closely behind, down 3.63%. The only Dow component remaining in the green at the end o[...]
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[Source: The Money Blogs]
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