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The Closing Bell: Stock Rally Fails; Day Ends With Vicious Selloff

Comments

  • CharlesCharles
    This afternoon sucked.
  • PRESSmUPPRESSmUP
    Sure does....quite the head fake in the AM. Between yesterday and today, someone is making a lot of intra-day money.
  • TedTed
    @Charles: You talk about a lousy afternoon, and the current futures aren't all that positive either !
    Regards,
    Ted
    http://finviz.com/futures.ashx
  • Old_JoeOld_Joe
    edited August 2015
    Market down 1.35% today; Healthcare generally down 0.72%, but GILD managed about a 2% gain. Not sure what to make of that. Must have been thought really oversold, perhaps.
  • hank
    edited August 2015
    Dow futures were up nearly 600 points half an hour before open on the heels of positive news overseas.
    What the #*!# changed?

    (Reminds me of rigged betting where the 35-point "favorite" before the game falls flat on their face after the opening kickoff.)

  • JohnChisum
    A bit confusing today for me as well. Perhaps the late dump didn't catch all stocks? PBE was up as well as AIOIX which was up 2.71%. Being an international fund I expected much worse.

    A lot of pumping going on in this market to make any gains for the big boys.
  • Old_JoeOld_Joe
    Just checked overall portfolio: it held up pretty well with a -0.2% loss against the S&P @ -1.35%. (Yes, I know the S&P isn't a valid benchmark for the portfolio.)
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