Market Analysis for Trading on 8/4/2016

Mish Schneider | August 4, 2016

Indices Like a Mechanical Bubble Floating Through Space Astronauts’ two main concerns are floating off into space and avoiding fatal mechanical defects during launch. We traders, once we launch our positions, metaphorically grapple with the primal awe and fear of pushing out into the void. The Dow Jones Industrial Average (DIA) after a 7-day decline under the 10-day moving average, could barely remain green today. With a narrow range inside the range of Tuesday, DIA

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