Stock Market Commentary for Thursday, July 14, 2005
Wednesday was yet another lazy Summer trading session, with people waiting for something, anything to happen. NASDAQ went essentially nowhere, rising a slight 0.96 points, but at least it successfully resisted a fair amount of negative intra-day sentiment.
The economic data was mixed. No new news there.
There is still no sign of any significant pickup of trading volume since the July 4th holiday weekend.
NASDAQ trading volume was very light (1.56 billion shares), and breadth was modestly negative, with 1.23 losers for each gainer.
posted by Jack Krupansky @ 11:20 PM
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