Tough Week For the Markets

Wow! That was a tough week for the markets. 

There was a fair amount of selling into a pretty consistent stream of bad news.  But it ended without panic selling … and the Bulls can take some comfort in that.

How bad was the week?  Here's an overview.


080411 Tough Week biz-chart  via The Daily

With a market sell-off of this magnitude, watch for an increase in volume and volatility. 

Will sellers finally press their bets?  If so, summer may get a little hotter. 

If, however, the Bears stay on the sidelines … once again, look for traders to buy into the next rally.

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