DOW only down 28 but the RUSSELL down the equivalent of 250 DOW points. The MIDCAPS down the equivalent of 150 DOW points. Advance/declines were gross. More and more names broke the 10 week/50 day average.
THE POPULAR INDICES WILL NOT BE ABLE TO TAKE TOO MUCH MORE OF THESE KINDS OF DAYS! Pixie dust needed!
http://garykaltbaum.com/wp-content/uploads/2014/08/ipo-market.jpg500750aaronmat-adminhttp://garykaltbaum.com/wp-content/uploads/2015/12/gary-k-logo7-390px.pngaaronmat-admin2014-09-30 18:33:282014-09-30 18:33:28AND MORE DETERIORATION!
We know the DOW was down almost 300 points yesterday but nothing changed. If you noticed, the NASDAQ/NDX almost came all the way back off of the same select few megacap names. That’s for starters. Random notes: Emerging and other markets continue to underperform and badly…go look at EEM, EFA, FXI, TUR, RSX, EWZ, IEMG […]