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November 12, 2015

S&P 500 Tumbles Into Red For 2015 Breaking Key Technical Support

Bonds are back in town and stocks are tumbling. Dow Transports remain the worst performer of the major indices (down over 11% year-to-date), but, after the exuberance of October, November's reality of a tightening Fed has dragged first Small Caps, then The Dow, and now The S&P into negative territory for 2015. Only Nasdaq remains in the green (up a stunning and entirely unsustainable 10% YTD). The S&P 500 also broke below its 200-day moving average.



Breaking below its 200-day moving average...


Courtesy Tyler Durden, founder of Zero Hedge (More Zero Hedge articles Here)


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Item Reviewed: S&P 500 Tumbles Into Red For 2015 Breaking Key Technical Support Rating: 5 Reviewed By: Econ Matters