Post by
Ciao on Dec 20, 2023 3:53pm
odd trading today
moved up cautiously in the morning and by 1:30 some sellers hit the bid and created a one day reversal
highest volume in 3 months
I checked earnings reports for the past 6 years or so and most of the year end results were released in the last week of the year
Comment by
davewho on Dec 20, 2023 4:21pm
yes the mid day sp of plus 5 cents certainly looked better than the now minus 1 cent. I was also watching for the volume to confirm but then the whole market started to go south in the afternoon. Must be some Christmas profit taking after the recent runup in the overall markets. No real nasty news so far that I can see. Stock market today: Live updates (cnbc.com)