The beleaguered PG&E Corp. (PCG) is likely to sink still lower in the days, weeks and months ahead. The stock price has plunged in the past two years and we have to look back to 2001-02 to see when prices were this low. This kind of decline tells you there are serious fundamental problems.
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I typically tell you when I see opportunities to get into, not out of, stocks, but this one appears to be getting overvalued.
I have something to fuss over, so let's look at these new lows on Nasdaq and the New York Stock Exchange.
Big-cap tech names slip into the red and pockets of momentum become harder to find.