Stock Market Summary 19.05.12
Yesterday’s market action was neutral.
The market continued heading south. The Nasdaq Composite shed a further 1.2% and volume was heavy across the board due to options expiration.
Stock Market Summary 18.05.12
Yesterday’s market action was negative.
The Nasdaq Composite plummeted 2.1% in heavy volume signaling institutional selling.
Stock Market Summary 17.05.12
Yesterday’s market action was negative.
The market continued its downward trajectory, helping the Nasdaq Composite to lose a further 0.7%. With volume coming in on the heavy side it signalled institutional selling.
Stock Market Summary 16.05.12
Yesterday’s market action was negative.
The Nasdaq bearishly reversed giving back earlier session gains, ending the day with a 0.3% loss in above average volume. It also broke through its first key support level of 2900.
Stock Market Summary 15.05.12
Yesterday’s market action was negative.
The Nasdaq fell 1.1% in average volume signaling institutional selling. When the big players sell it makes the market weaker and prone to more falls.
