Limited to 1 last days
Midday Market Commentary For 05-23-2013
By noon the averages had recovered slightly (+0.60%) from the morning lows to flat, lackluster and not very exciting status. Volume levels remained in the moderate zone with spurts of 'dippers' jumping in.
Much remains to be seen if the market will move into the green.
Opening Market Commentary For 05-23-2013
Premarkets were down indicating a sizable gap on the opening for some indices. Not entirely surprising to see the markets open down after a negative session like yesterday, but do not be surprised if the averages shoot up sometime during this session to at least close the gaps.
Markets did gap down about 1% on the opening but the volume was anemic and didn't descend any further indicating an unsure investing crowd. By 10 am the averages were slowly recovering, but still very much in the red.