Stocks Slump to Start the Week, Schoenberger on CNBC

Welcome to closing bell at new york stock exchange. tough week for blue chip indeection. dow down half a percent. here’s a stat to remember. the dow has only fallen three times this month. and in each case it was on a monday. in fact, we’re down 14 out of the last 15 mondays for some reason. overall, blue chip average is up more than 3% since the beginning of september. but we saw stocks take another leg down on the last hour with oil taking a big hit. we’re looking at some of the reasons behind the drop in oil. have an update on that coming up. first, look at major averages. there’s crude oil down 2.6% off the lows

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About Todd Butterfield - (CEO, President) The BlackBay Group
BlackBay Capital Advisors - Investment Advisor, BlackBay Futures Group - Principle/Futures Broker, BlackBay Trading Advisors - CTA

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