The market got off to a slow start today
The market got off to a slow start today with the Dow Jones Industrial Average down just 7 points almost even with the NASDAQ up 3 points up .1% with 4 hours remaining in trading. More negative news hit today with existing home sales at a 5 year low, the largest home prices drop in 16 years, and poor consumer confidence. Lowes (LOW) was a huge looser today down 5%. I should have dumped this stock. Lowes is now down 14 percent for the year. Walmart (WMT) was also down 2 percent for the day and McDonalds MCD was down 1.3 percent for the day. Microsfot MSFT and Apple Inc AAPL were both up almost 1 percent for the day however minimizing the losses.
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