Dave Goodboy |
December 1, 2008 | 04:45 PM
The 5 day stock market bull run was smacked down today on the official proclamation of an economic recession. Stocks had a severe negative reaction to the recession news with the DJIA falling below 600 points.
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XLK,
USD,
SSG,
KRE,
IYF,
IYE,
XOP
David Penn
Weakness on Monday was particularly pronounced in semiconductor stocks. Traders looking to bet against semiconductor stocks - or to hedge a technology heavy portfolio - may want to consider the ProShares UltraShort Semiconductor ETF.
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Gary Kaltbaum
How tough has this market been to navigate recently? With one more month to go in this very eventful year, Gary Kaltbaum weighs in on the most volatile market ever, as well as, predictions for 2009.
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Nazy Massoud
Everywhere you look, any conversation you listen to, it is about the economy and its impact on our lives. TradingMarkets contributor Nazy Massoud discusses four steps traders can take to succeed in uncertain market conditions.
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