Friday's market is worst day in many weeks, it is the worst drop of the year. At 2:00pm EST, Nasdaq dropped 2.0% or -47 points. S&P is down -19 points. Down is down -170 points. The volume has accelerated to the down side.
Today's has been contributed by (GE), (C), and (MOT). They all disappointed Wall Street. Even though the market rebouned yesterday, but the bear is proven to be too much for the bull to handle. Add to the injury, oil price has inched upward for the past few days. Overall, more bad news than good news. I expect the market is going down for the near term.
Friday's Stock Movers at 1:00am EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(FFIV) 61.80 +2.29 +397
(PRAA) 49.06 +2.62 +366
(SLB ) 120.10 +5.23 +279
(MIDD) 90.85 +2.75 +200
(HAL) 75.03 +3.28 +200
(ZVXI) 16.86 +0.55 previous mentioned undiscovered stock.
Stocks Down:
(SUPX) 32.35 -10.90 +3,533
(KND ) 20.17 -6.63 +1,769
(RTSX) 28.74 -5.53 +1,302
(SYNA ) 25.36 -5.48 +820
(FAST ) 37.43 -4.66 +779
(MOT) 22.55 -1.8 +280
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