Quantcast

The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

The pre-market weakness discussed in yesterday's commentary followed-through in the regular session, causing the broad market to break below the lows of its indecisive, multi-week trading range. All the major indices fell at least 2%, and also tested support of their 20-day exponential moving aver ... Read more

Not surprisingly, resistance of the S&P 500's February highs triggered a broad-based sell-off yesterday, causing the major indices to register their largest losses in weeks. The Dow Jones Industrial Average tumbled 3.6%, the Nasdaq Composite 3.9%, and the S&P 500 4.3%. The small-cap Russel ... Read more