The stock markets are trading lower at 2:30 pm EST. It reversed from this morning's strong open. The market is still struggling with the FED's decision on future inflation. Until this issue is solved, the market can be gyrated like a yo-yo, like the past few weeks. One important element missing from yesterday's rally was lack of volume. I believe this time around is sit tight and wait for the opportunity to get in again later.
Today's Stock Movers at 2:30 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(CSGP) 59.55 +4.94 +230
(R) 54.99 +0.72 +165
(VIVO) 25.57 +0.86 +147
(BGC) 35.73 +0.86 +102
LAYN) 31.49 +2.74 +97
Stocks Down:
(BBOX) 43.59 -10.34 +2,170
(COGN) 28.59 -1.63 +779
(PORK) 16.04 -1.04 +500
(LQDT) 17.54 -1.09 +444
(KWD) 31.37 -0.55 +339
Tags: stocks midday
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