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SMF Blogs > Technical Analysis > October 2008 > Market Internals 10-16-08

Market Internals 10-16-08

The Dow increased 4.7% closing at 8979.26, the Nasdaq was up 5.5% to finish at 1717.71, and the S&P was up 4.3% to finish at 946.43. Leading sectors Coal and Consumable Fuels +13.3%, Education Services 13.2%, Steel 13.1%, Oil and Gas Exploration 12.1%, Gas Utilities 11.4%. Lagging sectors included: Photo Products -4.3%, Gold -4.0%, Life and Health Insurers -3.9%, Paper Products -3.9%, Autoparts and Equip -18.5%. Today's movement came from higher than avg. volume (NYSE 1899, vs. closing avg of 1436; Nasdaq 3434, vs. 2356), with advancers outpacing decliners (NYSE 2195/958; Nasdaq 1950/904), and with new lows outpacing new highs (NYSE 49/551, Nasdaq 2/414).

Posted: 10/17/2008 8:00:48 AM by StockMarketFunding | with 0 comments


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