• Another Painful Day

    6 days ago - By Crossing Wall Street

    Today, the Dow's low was just 40 points above yesterday's low. The difference is that yesterday we rallied 700 points off the low. No such luck today.
    The S&P 500 closed at 2,633, just a fraction above the closing low from November 23. Before that, we have to go back six months to find a lower close.
    The S&P 500 High Beta Index lost 3.38% while the Low Vol lost 1.10%. The yield on the 10-year is now down to 2.85%. Tech was the worst sector today, down 3.53%, followed by consumer discretionary at 3.08%.
    Read more ...

     

  • S&P 500 closes in an official 'death cross,' a chart pattern that could signal more pain ahead

    6 days ago - By CNBC

    The chart of the S&P 500 is flashing a warning of more selling ahead.
    Read more ...