iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Bad News Out of Europe Turns a Rally Into a Sell Off

The markets rallied all day in dead cat bounce fashion. News out of Europe that Greece is considering an exit from the Euro sent the Euro below 1.27 to the dollar and sent markets into the red. The bulls did manage to take the markets near neutral by the close.

DOW down 8

S&P up .72

NASDAQ down 16

Gold down $22

Oil down $0.91

$FB down $3.03

[youtube://http://www.youtube.com/watch?v=GqH21LEmfbQ 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter