The hard selling on Tuesday is still having a residue of fact on investor sentiment, taking the assumed and consistent bullish sentiment out of the market trend. However, as demonstrated in yesterday’s and today’s trading, that although the buying has been stymied, there is no great selling pressure. This is apparent with the NASDAQ currently trading positive, the S&P 500 trading relatively flat, and the Dow down slightly.
February 1st Daily Market Comments
The hard selling on Tuesday is still having a residue of fact on investor sentiment, taking the assumed and consistent bullish sentiment out of the market trend. However, as demonstrated in yesterday’s and today’s trading, that although the buying has been stymied, there is no great selling pressure. This is apparent with the NASDAQ currently trading positive, the S&P 500 trading relatively flat, and the Dow down slightly.