Technical Analysis Free Video Ebook Sign Up



Premier Trading Videos Sign Up



International Stock Trading Sign Up

SMF Services

SMF Blogs > Technical Analysis > December 2008 > Stock Market Technical Analysis - Market Internals 12-23-08

Stock Market Technical Analysis - Market Internals 12-23-08

The NASDAQ is down 0.57% to 1524, the S&P is down 0.54% to 867, & the Dow is down 0.49% to 8478. Leading sectors include: Health Care Facilities +4.62%, Aluminum +3.69%, Specialized Consumer Services +2.81%, Internet Retailers +2.31%, & Hotels +2.0%. Lagging sectors include: Automobile Manufacturers -15.73%, Tires & Rubber -5.01%, Consumer Electronics -4.37%, Oil & Gas Drillers -4.22%, & Building Products -3.83%. The morning's action has come on below average volume (NYSE 376 mln vs midday avg of 539 mln; NASDAQ 569 mln vs midday avg of 904 mln), with decliners outpacing advancers (NYSE advancers/decliners 1208/1748, NASDAQ advancers/decliners 1107/1642), and with new lows outpacing new highs (NYSE new highs/new lows 5/39, NASDAQ new highs/new lows 8/73).





Posted: 12/23/2008 12:53:29 PM by StockMarketFunding | with 0 comments


Comments There are no comments on this post.