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.
As per the following table, the NYSE has 80% of declining issues, while the Amex had 73% and the Nasdaq 77%.
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…
So did Interactive Brokers (IBKR)
US Steel (X) dropped just about 4% but on low volume (so far).
Darling International (DAR) - also held up quite nicely
I am glad I got out of Cameco Corp (CCO.TO) when I did…
Have a good night.

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