Stocks fell as much as 6 percent at one point today as bearish investors continue to pile on the weakened stock market. Financials, energy and industrials led decliners.
Stocks gained today, despite choppy trading and a late fade. Financial stocks dragged the broader market lower, however, as softness in the market and EU crisis weighs on investors.
All sectors in the market are in a technical short condition and more than 90 percent of all Industries are in a technical short condition. But are signs pointing to a bullish trend?