Every time investors get smacked with one of these bouts of volatility, the recovery time is a little longer and slower
End of Day, Cause and Effect
Closing Bell: The NASDAQ closed DOWN -48.69 (-.1.7%) to 2,809.73. The Dow closed DOWN -142.97 (-1.14%) to 12,411.23.
EOD Commentary: Stocks accelerated their selloff in the final minutes of trading to close down more than 1% … across the board Monday, as initial euphoria over Spain’s bank bailout fizzled and amid … ongoing fears over a global economic slowdown. The CBOE Volatility Index jumped above 23 from 22 in the earlier day.
We have heard it all before <about the EU funding “stories”>and investors have become much … then much … MORE cautious and then some!
Who is up … at the close:
- Cryo-Cell (OTC BB: CCEL) +$0.10 <+4.55%> to $2.30;
- Cytomedix (OTC BB: CMXI ) +$0.01 <+0.49%> to $2.04;
- Fibrocell (OTC BB: FCSC) +$0.01 <+034%> to $0.295;
- Geron (GERN) +$0.04 <+2.67%> to $1.35;
- ImmunoCellular (Amex: IMUC) +$0.16 <+4.91%> to $3.42;
- NeoStem (Amex: NBS) +$0.07 <16.36%> to $0.499.
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Categories: RegMed Daily Closing Bell
