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Market Commentary
Stock Market Education Volatility Levels Increase New 2011 S&P 500 Low
Date: 10/3/2011
Stock Market Education
Volatility Levels
Increase
New 2011 S&P 500 Low Bottoms Hold on the Open. Wall Street Starts Q4 With a Thud; S&P Hits New Low for the Year! Fed will fuel gold & silver to new highs: Schiff. American Airlines shares tumble 18% on outlook. Concerns about the euro zone were once again the focus in commodities.
Those concerns led to a flight to safety in the precious metals. Dow Jones closed down 258.08 points, S&P 500 closes down 32.19 points, Nasdaq 100 closes down 54.14 points. Could Alibaba IPO Mean a Yahoo Takeover? SPX Long-Term Count and Projections