The stock markets are trading lower at 2:15 pm EST. It started lower at the open, and it continues its downward momentum. The major blame for today's market is the price of oil is over $73 after the Iran conflict remains trouble for the oil market. The good news from the down day is lack of volume, meaning institution money is not selling yet.
I would still hold off buying right now.
Today's Stock Movers at 2:15 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(KNOT) 18.65 +0.89 +408
(CXW) 50.70 +0.92 +162
(ITRI) 56.12 +0.87 +124
(NUE) 51.18 +0.77 +121
(KB) 78.30 +0.64 +105
Stocks Down:
(ONXX) 16.41 -3.41 +1,769
(AMMD) 17.30 -3.20 +954
(HRLY) 17.72 -1.66 +515
(CHTT) 31.77 -3.22 +447
(PMTI) 44.86 -2.14 +392
Tags: stocks midday
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