TraderWise

More European bank worries hurt stocks as Obama’s new stimulus plan fails to spark buying

The market acted like it was coming off a long weekend as volume ran lower as stocks fell.  After last week’s advance it is not a surprise the market pulled back, but in a surprise move it pulled back in light trade.  The New York Stock Exchange saw volume slide 12% while the NASDAQ, thanks to ORCL’s massive trading volume ended higher by 2%.  If it weren’t for ORCL’s massive volume as a whole would have been much lower on the NASDAQ.  A positive sign from today was the market avoided