Stocks Encounter Stubborn Resistance

Stocks Encounter Stubborn Resistance

Friday, July 16, 2010 Stock Market Commentary: Friday’s plunge negated the week’s gains as investors digested a slew of economic and earnings data. As expected, volume was reported higher than Thursday’s session on both exchanges due to options expirations. There were only 4 high-ranked companies from theCANSLIM.net Leaders List that made a new 52-week high and appeared…