(stock #'s in %)
Market down 65/15/7. Second test already of Aug-Sept S&P lows. Volume last reported weak, but I think now a little heavy. Oil down under $78.
Market was down before factory activity reported for Sept. Index up 51.6 v. Aug's 50.6. 26th straight month of expansion. Factory employment 53.8 v. 51.8, production 51.2 v. 48.6. Market went green, now back down.
NPWZ up 34. Announced Boeing exploring their FC tech to deploy to replace mech, hydraulic systems with electric. HEV up another 31 after Friday's 50. CCTC up 11. FCEL up 5 on getting a $3M award. UBRG up 5.
CLNO down 18. AMEL down 14. CBAK down 12. ZAAP down 10. BWEN down 9. ALTI down 8. RBCN, HSOL down 7, new lows. AMSC, XSNX down 6, new lows. JASO down 5, new low. AONE down 5. ZOLT, PWER, COMV, CREE, FSLR down 4, new lows.
Will the bottom hold?
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