Thursday, November 8, 2012

Volume off the high 11/8- financials down across the board

There was an expansion in the new high volume selloff in yesterday's trading. I am seeing a number of defensive contractors hitting the screens (and some making the final cut). In addition, the financial sector is seeing selling across the board, as the Financial Spider Sector ETF (ticker XLF) fell from highs on heavy volume with other names like Bank of America, Goldman Sachs, Morgan Stanley, etc. down on volume.

















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