Markets Slide Lower Thursday for 2nd Straight Day, NovaStar faces further Problems

Tags: Dow Jones, SBUX, Starbucks, NovaStar Financial, NFI, Nasdaq
15 Nov 8:34am
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Bearish sentiment gains strength for the 2nd straight day in the North American markets. The Dow closed down over 100 points, and is down about 250 points from highs seen earlier this week. The Nasdaq and The S&P indices followed the Dow's 1% loss with the similar percentage losses. The selling was broad Thursday led by Energy and the Financials. Big US banks continued declining, with the major

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ChrisKrasowski

WC Power Tech Fund founder. Chris sets out to prove that the new generation of investor can emerge from nontraditional circumstances. An engineering graduate from a Canadian University, Chris developed his passion for investing and the markets at an early age and personally owned his first stock at the age of 16. Now 24, with work experiences in the banking and investment banking industries in front of him and behind him, Chris built a personal trading account into the unofficial WC Power Tech Fund. The fund's official blog gives Chris the opportunity to write about investment topics of all shapes and sizes giving insights, opinions and market commentary to seasoned and new investors alike. Visit: http://wcpowertechfund.blogspot.com