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Market recap: Stocks ended mixed in a lackluster session, as investors continued to consolidate...

Market recap: Stocks ended mixed in a lackluster session, as investors continued to consolidate gains after the market's run-up. FedEx warned that a slowdown in global manufacturing activity would hurt its bottom line. Homebuilder sentiment hit a six-year high, but the sector's stocks fell. Treasury prices rose, recouping another chunk of losses suffered last week. NYSE losers slightly outnumbered winners.
Comments (4)
  • wapiti
    , contributor
    Comments (698) | Send Message
     
    Amazing to me that we never ever come close to a "sell off'.....only consolidate! Are we setting up for the mother of all selloffs? Complacency abounds!
    18 Sep 2012, 04:16 PM Reply Like
  • Joe Razorback
    , contributor
    Comments (281) | Send Message
     
    Agreed, this is looking like the quiet before the storm. I just cant see us smoothly increasing with the Q3 earnings coming, the fiscal cliff, and unrest everywhere in the world.
    18 Sep 2012, 04:25 PM Reply Like
  • wapiti
    , contributor
    Comments (698) | Send Message
     
    Probably Bernanke and ther GOVT buying this afternoon to prop up the market...very easy to manipulate with etfs
    18 Sep 2012, 04:34 PM Reply Like
  • Ted Bear
    , contributor
    Comments (574) | Send Message
     
    The Fed has your back.

     

    That is all ye need to know.

     

    Until they don't.
    18 Sep 2012, 05:03 PM Reply Like
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