STTG Market Recap Jan 15, 2015

Thursday was the third day this week they tried to “gap up” the market in premarket, and instead sellers came in hot and heavy once the actual session started. These gap ups are making it difficult for the market to “flush out” and create a near term oversold condition. The S&P 500 fell 0.92% and NASDAQ 1.48%. A measure of manufacturing in the new York region climbed to 9.95, above…

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