FBC Countdown To The Closing Bell With Liz Claman February 9, 2018
Point process the days highs to the lows and back up again. Todays move alone, 849point swing. We were down more than 400 points about an hour ago, and heres what happened. The s p dropped to whats called the 200Day Moving Average. This is a socalled major technical indicator that stretches out over 200 days as a trend. When you drop to that and hit it and go below it, that kind of makes the markets do squirrely things. It triggered a move, and the move was to bounce up higher. People saw that lower level, they swept in at least some of you out there and started buying. But both the dow and th...