Saturday, August 15, 2009

Market wrap - a day late again - Saturday, 10:30am

Hey, I go out on Friday night, give me a break :-) The market got bad news starting with the 8:30 CPI numbers, and it continued with the Industrial information and Consumer Sentiment. It didn't sell off as much as it looked like it might in the morning. Direction next week could be either way since no supports or resistance was broken this week. Dow 9,321.40 -76.79 (-0.82%) S&P 500 1,004.09 -8.64 (-0.85%) Nasdaq 1,985.52 -23.83 (-1.19%) Today by sector: Today's heatmap:

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