S&P 500 Has Longest Slump Since 2009 Technical Analysis June 2011

Date: 6/8/2011

S&P 500 Has Longest Slump Since 2009 Technical Analysis June 2011. Most U.S. stocks pulledback to lower levels, sending the Standard & Poor's 500 Index to the longest losing streak since February 2009. Material and technology shares slumped amid growing concern the economy is slowing that SMF clearly warned about 1 month prior. The S&P 500 traded lower by 0.3 percent to 1,281.74, dropping for a 6th straight day. The Dow Jones Industrial Average dropped 8.40 points, or 0.1 percent, to 12,062.41 today.

Stocks leading the decline include SINA, YOKU, MCP, SOXL, PAY, FNSR, APKT, JDSU, ANF, GLNG, YNDX, WFR, ALTR, MGM, SFLY, TSLA, ANR, CREE, CMI, ARUN, DANG, CECO, HUN, DECK, PAAS, GOL, STRA, ADI, SOHU, ONNN, SLW, AGQ, SLV, BIDU, SODA, AEM, NTGR, AKAN, V, MA, LCC, BTE, RVBD, UA, TTWO, XLNX, FFN, HLF, CCL, CDE, RIMM, DHI, ATI, PDS, NTAL, FSLR, NTAP, PLCM, PSS, SBS, FTO, RL, BTU, SIGA, NVDA, HOT, ETN, DDD, DNDN, CCJ, GDOT, JCP, EJ, QCOR, TPX, PVH, APH, VMED, KGC, ABX, JOSB, WSM, RSH, HGSI, LNKD, SHAW, CYD, GLD, GDX, AMRN, AUY, TQQQ, VLO, FCX, CAT JNPR, HOG, CMG, PCLN, WYNN, CIEN, RUE, XIV, and SI

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