Hurd on the Street, December
The stock market over the last month has been much like a thrill ride at an amusement park with violent swings both down and up. This increased volatility is associated with reversals in the short term trend, which most recently changed from up to down. After working their way higher for most of the year, the major stock market indexes (the Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite) peaked in mid-September and trended sharply lower until just recently. Ju