Serious concerns over economic growth drove the Dow Jones Industrial down 172 points or 1.29%. The index is now trading below the 200dma and it could easily retouch the 13,000 area.

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As per the following table, the NYSE has 80% of declining issues, while the Amex had 73% and the Nasdaq 77%.

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My Portfolio

My portfolio has suffered some serious losses and most issues turned red today but I didn’t sell anything yet. Some of the highlights:

Laboratory Corp (LH) held very well today, given the market blood bath…

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So did Interactive Brokers (IBKR)
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US Steel (X) dropped just about 4% but on low volume (so far).

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Darling International (DAR) - also held up quite nicely

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I am glad I got out of Cameco Corp (CCO.TO) when I did…

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Have a good night.