After a strong open thanks to positive ISM numbers, the market reversed mid afternoon reacting to post-hours trading in Europe. Volume was strong and the NASDAQ finished flat, completing a bearish reversal bar that should make tomorrow interesting. Full breakdown at ZeroHedge. Despite this, the Dow closed above its 2007 highs (not that we care). Also, the Herbalife (HLF) -19.9% fall off story is definitely worth a read.
Stay frosty out there and I will see you back here tomorrow!
Sell in May...
Keep in mind Presidential election year..
"May FDOM stats".