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Daily Archives: June 30th, 2010

Late Selling Sends Market Lower! SPX, Nasdaq, OSG, FRO, TK, AAPL, GOOG, CMG, NFLX, SNDK, VMW, MON, DNDN

The market spent most of the day defending the SPX 1040 level.  We saw some bounces in the morning.  But, like I said in my article last night, "…the momentum is on the downside right now, and, bounces may invite more selling."  In the last hour of trading, the selling resumed on heavy volumes, ending [...]