STTG Market Recap January 16, 2013
From Stock Trading To Go
January 16, 2013 - 6:54pm
It was yet another quiet session on Wall Street as a very similar pattern has played out the past few days. A modest gap down to start the day followed by light buying all day with the indexes closing near the highs of the day. But there has been almost no movement at all in the closing price the past week. The S&P 500 has finished within a 2 point range in this five day period. This lack of progress is however helping work off the overbought condition the market has been in for most of January. The S&P 500 gained 0.02% and the NASDAQ added 0.22% mostly on the back of a big rebound by Apple.Original post: STTG Market Recap January 16, 2013
January 16, 2013 - 6:54pm
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