Stock Market Analysis – 08-18-2008
August 18, 2008 at 10:36 pm · Filed Under Broader Market
A big low volume drop on weakness in the financials pushed the market back towards the bottom of the channel. This is going to be my last post for the next couple weeks, but it doesn’t look like there are going to be any changes with the fundamentals any time soon anyway. The biggest thing I see in the future is the upcoming election, which may start having some effect on the market as it inches closer. Other than that, keep watching the usual suspects (oil, banks, retail, housing, etc.). See you in September!
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