You're watching...
Dow Posts Longest Losing Streak in 9 Months
Details
-
Description
FBN’s Nicole Petallides on the down day in the markets.
- Duration 1:27
- Date May 9, 2012
You're watching...
FBN’s Nicole Petallides on the down day in the markets.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Yeah indeed let's go right to -- -- -- on the floor of the New York Stock Exchange.
I know you were watching and talking to the traders as soon as that bad news from Spain and then conflicting reports about whether Greece would get its next round of bailout money hit.
Let's talk about what is giving us the best indicator of what's going to happen.
The best indicator here on Wall Street is the fact that what we're selling off somewhere in coming back from the lows so today is an indicator would be.
That we were down a 184 points -- down down 87 points yesterday down 200 points and then cutting that in half -- that should do what that when the marketplace supporting doesn't just.
Fall apart we are adding to the downside in the next six they have selling which is not but obviously if you're along with market.
Let us talk about gold a lot of our viewers have hedged some of their -- in gold anyway.
It's below 16100 this is the lowest it's been -- all of 2012 -- Yeah you right on the people like data centers and some of the stocks Google dot affectionate I didn't want lining of the -- -- that.
Together and I'm not -- -- -- not gonna vote today for safety.
We're about to get a number of earnings reports including Dow components -- as we look at how it's doing in the Green right now but.
People are really watching this one closely out of.