Hello my Investors, Traders and Reader Friends. On Monday, the market took a breather after a week of ups important. Yesterday, the DJ-30 fell 0.13%. The SP-500 decreased by 0.04% and the Nasdaq Comp. it did in 0.13%.Volume was very low both in relation to the daily average as compared to previous days.Throughout Monday, several sources said that the market drop is explained by the doubts with the bailout of Greece. However, the low trading volumes as well as the small variations in the major indexes, would seem to indicate that the market just took a break.
However, some stocks showed a very positive performance. One such case is Abiomed Inc. (ABMD). The stock closed yesterday at U.S. $ 22.75 registering an increase of 8.46%.Also, the volume was 983.000 shares nearly triple the daily average. ABMD has done a good break but looks overbought in the short term.
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