Tuesday, September 20, 2011

Stocks lose gains in last hour...

Selling programs kicked in in the last hour driving stocks to their lows of the day.  The Dow closed slightly higher but there was a significant pullback from earlier gains.

Dow +7 to 11408
Nas -22 to 2590
S&P -2 to 1202

Tomorrow afternoon we will get headlines from the Fed meeting that started today.  I have to think the market action will be muted until we hear from them.

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