Day 14: Stocks Close Below Resistance

Thursday, February 25, 2010 Market Commentary: Stocks closed lower but off their intraday lows after the US dollar pulled back as concern eased over tepid economic data and the fate of the EU. Volume, a critical gauge of institutional demand, was higher than Wednesday’s totals which suggested large institutions were selling stocks. Decliners led advancers by a 10-to-9 ratio […]