divergence
Notes For Monday’s Stock Market Session
Read the full article: http://www.bigwavetrading.net/notes-for-mondays-stock-market...
The IBD 100 is up 228.5% compared to SP 500’s 49.5% since 4/18/08
-IBD 85-85 and IBD 100 were down for the week (-.9% compared to Nassy .8%) but they were up over 2.5% on Friday compared to Nassy down .2%.
-This appears to be rotation of some sorts out of commodities into some new sectors
-Internet-Network Solutions up 9% this week
-Computer Software-Design up 5% this week
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The Dow-S&P 500 Divergence
Read the full article: http://www.portfolio.com/views/blogs/market-movers/2008/03/1...
Felix Salmon thinks says that the "financial sophisticates know that the Dow Jones Industrial Average is a bit of a joke: it's only 30 stocks, and it's not even an index."
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