The stock market indices had a nasty day today, and despite a late 3-wave rally attempt, which took back part of the losses, a last 20-minute pullback closed them solidly in the red.
Dr. Julie Peterson-Manz reviews the Around The Horn stock action for January 27, and presents trade ideas that still have the possibility of triggering for January 28.
Deron Wagner will continue to closely monitor the stock market's price to volume relationship in the coming days, in order to determine whether or not a short-term bottom may be forming.
Asian markets managed to get a bounce overnight which has been attributed to the fact that President Obama didn’t continue his bank-bashing theme in his state of the union address.
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