CNBC Mad Money April 29, 2014
Averages. Even when a benign day where the dow climbed 87 point, s p advanced and the nasdaq jumped 0. 72 , you know in the old days before the market turned against the high momentum growth stocks, today would have been a major day, led by the momentum stocks like amazon, netflix, yelp. All the other stocks that used to be so loved. I guess i should say overloved. But a collective revulsion toward momentum brought on by the endless Insider Selling sell sell sell sell and ipo glut, coupled with the sudden and unexpected decline in Interest Rates that freaked out traditional yield seekers has t...