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Daily Archives: December 4th, 2008

Energy Sectors Pulls The Market Lower! SPX, Nasdaq, RIG, DO, SLB, NOV, HES, APA, OXY

December 4, 2008 – 4:50 pm

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded slightly higher in the morning, but, faded into an accelerated drop to the close.  The energy sectors were especially weak.  Oil prices continued to fall.  Crude went below $44/barrel!  Oil services tumbled to new 52-week lows: RIG -11.18%; DO -7.09%; SLB -5.95%; NOV [...]

By HappyTrading | Posted in APA, DO, HES, NOV, Nasdaq, OXY, RIG, SLB, SPX | Comments (0)