STTG Market Recap August 6, 2014

Indexes opened down modestly but a small wave of buying came in as we have quite oversold conditions. But it was not an impressive pop at all. The S&P 500 ended unchanged while the NASDAQ gained 0.05%. Not much economic news of note here in the U.S. but Europe had some news. Europe’s economic data showed Italy falling back into recession, and German factory orders declining 3.2 percent…

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