Stock Market Commentary for Wednesday, July 13, 2005
The market is pausing to catch its breath after the recent rallying. Traders and speculators did try to push the market down on Tuesday, but there simply wasn't any enthusiasm for a sell-off. NASDAQ rose a moderate 7.72 points.
Contrary to my expectations, trading volume has not picked up since the holiday slowdown.
NASDAQ trading volume was light (1.67 billion shares), and breadth was very modestly positive, with 1.07 gainers for each loser.
posted by Jack Krupansky @ 12:18 AM
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