Although the indexes are showing good strength, numerous stocks opened positive but immediately started selling lower. AAPL is trading higher but it is trading below where it opened. A number of stocks that had been in steady uptrends are showing hard selling Today. The strength of this market was based upon more tweets about a vaccine getting close to being developed.
August 24th Daily Market Comments
Although the indexes are showing good strength, numerous stocks opened positive but immediately started selling lower. AAPL is trading higher but it is trading below where it opened. A number of stocks that had been in steady uptrends are showing hard selling Today. The strength of this market was based upon more tweets about a vaccine getting close to being developed.