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3.29.2017 Bookmark


Okay so yesterday they didn't want any part of a 9 day DOW losing streak and they made their point. After being up nearly 200 points, when the final bell rang, we had 150 DOW points showing and 15 on the S&P. It was a nice bounce, but it did come with a bit of a caveat. See, as we get near the close of business every day, the exchanges announce the "imbalances' to the buy or sell side. Often they're a few hundred million to the buy or to the close, which they try and "pair off" by the 4 pm bell. ( often it takes them a bit longer and that's why the closing price you see a 4 pm, might be a little different than say at 5 pm when it's all settled.) 

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