“In what is historically a very bearish week the week after September options expiration the first day started off in the red,” observed Schaeffer’s Senior Technical Strategist Ryan Detrick, CMT. “After the bloodbath on Friday, it was nice to
Stocks continued to drift lower Monday, with all three of the major market indices finishing with moderate declines as investors parced comments by several Federal Reserve officials for fresh signs of when the central bank will scale back its
The S&P 500 (INDEXSP .INX) fell for the second day in a row after Wednesday’s all time highs on the back of the Fed’s announcement that it would not be tapering its QE program. While there were no economic