Market Woes Continue

So much for the NASDAQ 50 day moving average holding as support, today we are down another 1.5%+ and it isn’t even 1:00 PM.

Just minutes ago the market fell to new intraday lows across the board, nice setup intraday too. Take a look at this shot of the NASDAQ:

The NASDAQ is down some 5.5% over the last four trading days, with the S&P 500 down 4.6%.

On the flip side anyone who is sitting in fertilizer stocks could care less what way the market goes.

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