It was a rough day for the most active NYSE stocks as eight of ten moved lower. The opposite was true for the Nasdaq as eight moved higher. Old school titans Microsoft (MSFT) and Intel (INTC) joined newbies Facebook (FB) and Groupon (GRPN). You can see this list on our
FreeCharts page.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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