(
IBM) down 4.30 to 174.87, Goldman Sachs (GS) 5.32 down to 94.55, LSB Industries Inc. (
LXU) 2.59 to 38.67, Molycorp, Inc. (
MCP) 1.19 to 32.87, SodaStream International Ltd. (
SODA) 1.76 to 33.05, VirnetX Holding Corp (
VHC) 1.21 to 14.99, InterDigital, Inc. (
IDCC) 3.20 to 46.58, and First Solar, Inc. (FSLR) 1.82 to 63.21.
In addition, other losers of note included Amazon.com Inc. (AMZN) down 6.21 to 216.23, Chipotle Mexican Grill, Inc. (CMG) down 10.19, Lululemon Athletica Inc. (LULU) 3.22 to 48.69, Green Mountain Coffee Roasters Inc. (GMCR) 3.45 to 92.94, Coffee Holding Co.Inc. (JVA) 99 cents to 7.49, and Sina Corp. (SINA) 1.62 to 71.61.
A very bad day for the stock market for sure.
Stepping back and reviewing the hourly chart patterns, the indices gapped down, rallied back in a 3-wave corrective move, and then rolled over in a 5-wave decline into the lows to close at the lows for the day and week on the Nasdaq 100. The S&P 500 closed right at, or slight above, the lows for the week.
It was certainly an ugly way to close the week.
Good Trading!
Harry