Today's Selloff, By Sector

by: Nick Perry

Nick Perry (Schaeffer's Investment Research) submits: Some were pointing to rumors of a terror alert as the reason for the selling. That rumor was denied fairly quickly, but, looking over the graphs below, the overall picture hasn't improved...

Gold and bonds are showing meager gains while the broad market indices are still holding noteworthy losses. Oil-related stocks are making fresh lows. The HGX is now trading below its 50-day moving average.