Dow, Nasdaq Fall in Late Morning Trading
AP -
Stocks fell for a second straight session Friday amid continued pessimism about the health of the economy. Wall Street was caught off guard Thursday by a report from the Federal Reserve Bank of Philadelphia that showed regional manufacturing activity fell to a negative reading for the first time since April 2003.
10 yr yield is 4.6% are you bleeping kidding me? 90 day rate is 5.25% !
Transports don't appear willing to confirm move in the Dow.
Autumn is tomorrow, a cyclical normal time for trend change. Bottoms occur in October.
OIL quote $60.75 , gold under $600, oil stocks near or at new 52 week lows, what is going on?
SPX held at potential double top near 1326.
Deflation sniff. Death to debts or those overwhelmed, over extended.
I am on HIGH ALERT
Duratek
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