Major Market Indexes Lose Face-Off with Gravity; Europe Dives

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] I did not think it was possible that the markets were actually able to lose a face-off with gravity after their relentless and almost uninterrupted ascent since mid-November. Even the by now well documented afternoon “lift-a-thon” was notably absent, as the major market indexes took their cue from Europe and produced their worst loss of this …