The feeling on the Street is sour. There is not much to get excited over this morning as the financial sector is weighing heavily. And the comments from Ben Bernanke to Congress so far have not done anything to move money this morning. If anything his words so far have been somewhat cautious and what the market was wanting to hear today was some solid confidence that things are OK. The market did not get that from Ben.. yet.
New lows are outpacing new highs today so far. And declines are way higher than advances across the boards.
Wednesday, July 18, 2007
Market Sentiment
Posted by Fp80 at 7/18/2007 12:14:00 PM
Labels: Market Summary
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