The Stock Market is trading in a sloppy way

The stocks continue to move slowly and traders are going to react on the durable goods orders report. The stock market is now heading for a correction but not in a deeper sense. Analysts believe that the market is trading in a sloppy fashion and it is likely to stay in correction mode for a while. The correction is likely to be felt greater in time than in price. The euro was felt greater in time than in price. The euro was up against the dollar, to some extent. However, its present situation depends on the subject to the next headline. If there is any negative news happening, the euro will immediately drop down. Uncertainties will continue to prevail in the market and there is a negative risk involved. However, if there is positive news such as Greece is going to get new funding, in that case there will be a positive outcome..... Read More