STOCK MARKET UPDATE
Updated following each market day
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The popular averages closed well down amid heavy trading volume on Friday. The Securities Association of China issued rules that made it easier to sell stocks short. This was announced about the same time that Bloomberg financial news terminals crashed overnight. As expected, consumer prices rose in March, mainly due to gasoline. The price of crude oil fell while gold rose on Friday.
Above is my 3-
After weakness in late January, the launch on February 2 from the 200-
April began disappointingly on its first day, but the level of the white line proved supportive. The push above on April 2 was helpful. The price on April 6 closed not only above the white line but also above its 50-
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© Curt Renz
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