SMF Blogs > SMF Market Summary > October 2008 > Stock Market Technical Analysis - Market Internals 10-13-08

Stock Market Technical Analysis - Market Internals 10-13-08

The Nasdaq is up 6.38% to 1755, the S&P is up 5.99% to 953, and the Dow is up 5.87% to 8947. Leading sectors include: Autos +27.2%, Managed Healthcare +17.6%, Investment Banking & Brokerage +16.1%, Coal & Consumable Fuel +15.9%, and Multi-line Insurance +14.8%. Lagging sectors include: Real Estate Services -17.1%, Resident REITs -5.5%, DIVERS REITs -4.3%, Broadcasting -3.8%, and Retail REITs -3.1%. The morning action has come on above average volume (NYSE 685 mln, vs midday avg at 501 mln; NASDAQ 933 mln, vs 896 mln avg), advancers outpacing decliners (NYSE advancers/decliners 2569/30, NASDAQ advancers/decliners 2412/451), and with new lows outpacing new highs (NYSE new highs/new lows 1/60, Nasdaq new highs/new lows 1/76).

Posted: 10/13/2008 1:32:05 PM by StockMarketFunding | with 0 comments


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