Sharply. Have buyers reached their limit on how much theyre willing to pay for a home but we begin with the market john, bottom line, were just off the lows for the day, down about 0. 9 for the s p and Dow Jones Industrial average weve been down 9 out of 11 days on the s p 500 if we close lower today. So that is very noticeable the dow industrials, being held up largely by defensive names. Some of the other sectors like banks and energy are on the weak side the nasdaq down there, 0. 8 . Were down about 5 off of the recent 52week highs of the nasdaq when you get more than 5 , the technicians start noticing tech has been an underperformer. The dow movers here, take a look the good news is Johnson Johnson holding up wells, defensive names merck, proctor and gamble holding up. Caterpillar has been weak, Energy Stocks coming off of their highs after a terrific run. Take a look. I think a key chart is the bank stock. Theyre starting to exhibit negative patterns, what we call head and shoulde
We got separated from them. This is a small crowd and this is a main crowd. They are motioning and he didnt want that to happen. So that was effectively diffuse diffused. And thats the direction we are headed in. And people using the phrase peaceful protests. And its just an obstacle in ths road. What happened earlier today,e around 5 00 local time we came up to the Police Headquarters and a group of the protesters got on top of the police suv. He jumped up and down and broke the windshield. There are some rocks thrown. The bottles thrown were only plastic bottles but the Police Showed up with the right gear and pepper spray. A little conversational and pushing and shoving. Police officers hadju minor injuries and 13 people arrested so far in st. Louis. That is the situation. I personally observed some weapons and at least one of the weapons a fake ak47. Some of the other weapons i cant tell you if they are real. Something that looked like a long rifle. And i could tell a handgun. A se