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9-8-08

SP500/NYSE
 
Stats: +25.48 points (+2.05%) to close at 1267.69 NYSE Volume: 1.769B  (+47.45%).  Strong volume on the gain but a lot of this was attributed to the FRE/FNM selling.  Definitely some accumulation in limited areas but not across the board.
 
Up Volume: 1.082B  (+367.525M)
Down Volume: 684.241M  (+206.185M) 
 
A/D and Hi/Lo: Advancers led 1.81 to 1.  So-so.
Previous Session: Advancers led 1.01 to 1
 
New Highs: 58  (+39)
New Lows: 142  (-159)
 
 
NASDAQ
 
 
 
Stats: +13.88 points (+0.62%) to close at 2269.76
 
Volume: 2.6B  (+14.9%).  Big volume, the best since the July low and reversal, but not the kind of strong upside volume that shows accumulation.
 
 
 
Up Volume: 1.24B  (+159.626M)
 
Down Volume: 1.334B  (+163.41M) 
 
 
 
A/D and Hi/Lo: Advancers led 1.54 to 1
 
Previous Session: Decliners led 1.18 to 1
 
 
 
New Highs: 76  (+48)
 
New Lows: 142  (-36)

Stats: +289.78 points (+2.58%) to close at 11510.74
VOLUME:  272B shares Monday versus 198M shares Friday versus 229M shares Thursday. High volume selling, low volume bounce, higher volume bounce (fed assisted).
Posted: 9/8/2008 4:58:21 PM by StockMarketFunding | with 0 comments


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