The Traderszone Network

Published in TZ Latest News 13 November, 2014 by The TZ Newswire Staff

Nasdaq Shows Stalling Action; Bulls Take Timeout

Stocks stayed in a hesitant mode Thursday, but the Nasdaq showed stalling action. The Nasdaq closed up 0.1% after rising 0.6% in the morning. The S&P 500 added less than 0.1%. The IBD 50 fell 0.3%. Volume rose across the board. The action on the Nasdaq amounted to stalling, which points to distribution on an up day. The count of distribution days is not yet high enough to be a worry.

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