Stocks Slammed Into Red For Week As Biotechs Break Key Support…”The plunge in stocks has a very ‘liquidation’ feel to it…”
by Tyler Durden
ZeroHedge.com
10/21/2015
The “moar easing” hope-strewn panic-buying of the last few days is rapidly turning into regret as US equity markets tumble back into the red for the week. The biggest driver today appears to be pressure on the Healthcare sector driven by Biotechs collapse and break below a key uptrend… As one veteran trader noted… The plunge in stocks has a very ‘liquidation’ feel to it…
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