More of the same today as late selling pressure shows the mindset of the market—in and out on the same day. Not too surprising given that we have the Producer Price Index (PPI) coming out tomorrow morning. Also, the news today was just not favorable for the mild gains that were in the market before
Pivotal Week Ahead
Another week, another loss for the major indices. The Dow finished the week down -5.3%, the Nasdaq lost another -8.7% and the S&P 500 sank another -8.4%. The big loser for the week was the Russell 2000 which fell nearly 10% bringing the yearly losses to -46.9%. We really don’t talk that much about the