There were two questions I had yesterday.
1. "What has that airlines merge to do with the other stocks?"
2. "Greece got 164 B bail out, what will happen to the rest of the PIIGS? They will all ask for some kind of bailout? if not now, maybe later."
The drop with higher volumes may means that it has not done yet, even though there may be some kind of bounce in short term, say 1 or 2 day. (VIX dropped in last 15 minutes)
Money flow out of stocks heavily today, especially the teck sector. Any bad news in tech sector?
Happy trading!
French banks were the most exposed with holdings of $75.2 billion, followed by German banks ($45 billion) US (16.6 billion dollars), British (15 billion dollars) and Dutch banks ($11.9 billion).