Sellers Take Over as Major Market Indicies Mark a Day of Distribution
February 24, 2010
Consumer confidence hit a new low, a low not seen since the early 1980s, sending stocks lower on heavy volume. Heavy volume declines without support are not a positive signal for stock market bulls. Volume swellled as consumers were not confident in the coming months about the economy. Some 20% of Americans are underemployed and [...]
Sellers Take Over as Major Market Indicies Mark a Day of Distribution
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