The market pulled back on lighter volume with both indices closing under their 10 day moving averages. The NADSAQ posted is largest loss (-0.9%) of the year to date.
Posted by 1 March 2012
March 1st, 2012 Market Recap with Zynga Analysis
After climbing throughout the afternoon the market pulled off its session highs after reports of a Saudi Arabian pipeline explosion caused Oil prices to jump.
This and Zynga announced its plans to launch zynga.com and begin to lower its dependence on Facebook. Shares shot up 10% and the stock looks poised now for another breakout.
