What is going on with the stock market?!?
On Tuesday, 37% of the volume on the NYSE was comprised of trading in four basically worthless stocks: Citibank, Fannie Mae, Freddie Mac and Bank of America. Something very bad is going to happen with the stock market soon
Green Sharts On The NYSE! - The Market Ticker Today 3,162 different stocks traded on the NYSE. These four represent 0.13% of the total, yet they comprised 37% of the volume. That's an over-representation of nearly 300 times the average.
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