Markets were once again harpooned Thursday, as both benchmarks ended hard upon their lows. Very bearish action indeed. Today it was the S&P 500′s turn to surrender its 200 day MA. It has now lost more than 3.5% over the last couple sessions. The Nasdaq was lost just under 4% in that same time span. Leaders are just being taken out to the back and beaten up. Today retailers KORS FL lost 7 and 5% respectively. WFM has declined 8%over Read the Rest…
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Douglas J Busch