Off the Charts

The market picked up where it left off Friday as the downside action continued. The S&P and Dow have now given back all the gains (and more) from Wednesday's "no taper" breakout, which is not healthy action. The Nasdaq and Russell 2000 have held up a little better but you are seeing some erratic, disjointed action from stocks in those indices as well. Today the S&P closed down 0.47%, the Dow slid 0.32% and the Nasdaq dropped 0.25%.

Commodities also continued to get hit in today's session with  crude oil finishing down 1.26% and gold slipping 0.77% as it gives back most of its post-Fed gains as well....632 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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