As noted below, the PPT's usual late day market saves have been strangely absent this month. Just further proof that this market action is not due to random activity.
Regards - VHF
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The Case For a Shorter Trading Day
B.I.G.
June 15, 2011
How bad of a month has June been? Well, so far there has not been a single day where the last hour of trading was positive. In the ten trading days we've seen this month, the S&P 500 has declined in the final hour by an average of 0.33%. Three o'clock close anyone?