Thu, Jul 31, 2014, 10:59 AM EDT - U.S. Markets close in 5 hrs 1 mins


% | $
Click the to save as a favorite.

Stratasys Ltd. Message Board

  • thinker4u0007 thinker4u0007 Aug 19, 2013 1:13 PM Flag

    Market Bottom May Not Come Until October

    Although the bull market is intact, prices appear headed for a test of the intermediate trend
    By Sam Collins, InvestorPlace Chief Technical Analyst | Aug 19, 2013, 7:24 am EDT
    Popular Posts:
    3D Systems Buyers Could See Big Profits Materialize
    Is the Market About to Go Down in Flames?
    Where Will This Sell-off Stop?
    Recent Posts:
    Market Bottom May Not Come Until October
    Buy Silver on a Pullback for 16% Gains
    Where Will This Sell-off Stop?
    View All Posts
    On Friday, a late, broad sell-off dropped the Dow industrials 0.2%, the S&P 500 0.3%, and the Nasdaq 0.1%. Even the technology group, which thus far has led the market to its highs, fell 0.3%.

    The real story of the week, however, was the increase in interest rates and the decline of bond prices. During the week, the 10-year note’s price fell, increasing yields from 2.56% to 2.84%.

    At the close on Friday, the Dow Jones Industrial Average was off 31 points at 15,081, the S&P 500 fell 5 points to 1,656, and the Nasdaq lost 3 points at 3,603. The NYSE traded 835 million shares and the Nasdaq crossed 420 million. On the Big Board, decliners led advancers by 1.8-to-1, and on the Nasdaq, decliners were ahead by 1.2-to-1.

    Sentiment: Strong Sell

101.856-3.094(-2.95%)10:58 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.