Well that was ugly.
As I said in Monday's "Bank of America Dividend: One Analyst’s View and "BofA Investor Meetings Have a Dark Market History" (BAC)":
Regular visitors may have noticed a paucity of individual equity rec's. The reason? I'm clueless.I'm still clueless but it looks like the negative market action around BAC investor meetings has struck again.
Despite a lifetime spent at the market I'm feeling slightly adrift....
So here's MarketBeat again:
After a few weeks in the sun, energy socks are getting clobbered today. The sector is the worst performer in the S&P 500, down 3.5%.
Oil prices are down, but the selling is widespread and indiscriminate. Have the word “energy” in your company name, you’re having a bad day....MORE