Slow August day... stocks flat
by
, 08-09-2018 at 01:22 AM (504 Views)
Stocks were about as flat as they get and volume was light as you might expect on mid-August trading day. The Dow lost 45-points or 0.18%, while the other major indices had even smaller moves.
There was some trade shakeup talk out of China but the market seems to be dismissing that at the moment.
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Technically the biggest development was that the small gaps opened on Tuesday were closed with yesterday's slight weakness, but stocks battled back to close flat.
I am going to take advantage of this non-eventful day and skip the charts today and make this quick. If you missed yesterday's charts, here's the link... http://www.tsptalk.com/mb/blogs/tspt...ance-nigh.html
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Thanks for reading. We'll see you back here tomorrow.
Tom Crowley
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