PennyTrader Midday Report for August 6 2010 SREH, WSRA, GNVC
PennyTrader Midday Report for August 6 2010 SREH, WSRA, GNVC Stocks recently rolled over after they had failed to sustain a move that took the major averages up from their opening lows. The downturn has taken the S&P 500 back below its 200-day moving average.
The latest leg down does not come in response to any particular news item. Rather, it is largely the result of the stock market`s failure to overcome the negative bias that has been underpinned by a disappointing July jobs report, which was released ahead of the open.
SREH – Trade Alert Up 100% in morning trading to $.0002 with 37M shares traded Detailed Quote:
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