<< Read Full Article
<< Read Full Article
This column was originally published on RealMoney on May 15 at 12:00 p.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
Monday's downside reversal shows how tough it is to trade follow-through rallies these days. Even though the major indices closed near their highs on Friday, folks buying that recovery became the first bagholders of the new week. And it's obviously not the first time this infuriating game of gotcha has been played on market bulls.
Indeed, trading stocks near new highs has become a hazardous occupation these days. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.69
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
Connect with TheStreet