The Traderszone Network

Published in TZ Latest News 15 October, 2014 by The TZ Newswire Staff

New Highs List Shrinks As Market’s Correction Deepens

Fewer than a dozen stocks hit new highs Wednesday, and many of them reversed lower, as the market’s correction deepened. In a normal market, it’s typical for more than 100 stocks to hit new highs. But few growth stocks can hold up for long when the major averages head south. Qualys (QLYS) was a rare bright spot, reversing higher to end up 1.46 — 5% — at 30.05 in more than double its average daily turnover.

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