Sun, May 26, 2013, 1:13 AM EDT - U.S. Markets closed
get hammered more than SLB ? Is it because of Baker Hughes? or just a print today?
what's interesting is that it trades down about 1.50-1.75 pts in the AM then comes back to close on the positive side. Not sure if that is a bullish or bearish signal.Comments??? Suggestions?
Moves like that are mostly institutions reallocating their positions. taking profits out of winners and investing in stocks that havent moved as much.Nothing negative about it.
always a bullish sign