Momentum Trades

Bears Push Support but No Damage Done

9:00am (EST)

 

The market ended lower on Tuesday as the small-caps lead the way.  We mentioned Wall Street could get lulled to sleep over the next few weeks as traders look ahead to a long holiday break.  There was talk of tax selling being one of the reasons for a sluggish day session but the losses were mild although the Dow did close below round number support at 16,000.  (continued…)

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