Browse > Home / Market Speculator / A Stiff Wind Knocks down a Low Volume Rally

A Stiff Wind Knocks down a Low Volume Rally

May 20, 2008

Stocks were enjoying nice gains on lighter trade for the better part of the day Monday. Crude oil traded higher by the end of the trading session causing some fear in the market. However, the sell-off came on lighter trade and couldn’t produce any type of distribution. A few stocks showed major weakness: PWRD and GA showed major issues as both stocks broke down. PWRD’s chart is not all lost but the action on Monday points to more weakness ahead. The NASDAQ, the current leader among the … [visit site to read more]

A Stiff Wind Knocks down a Low Volume Rally

Subscribe To Site:
Full Post Feed | Summary Feed | Comments Feed

Written by admin · Filed Under Market Speculator 

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.