Friday, September 28, 2007

Small-Caps Poised To Make A Volatile Move

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.An indecisive session concluded with a round of broad-based gains yesterday, as the S&P and Dow continued to consolidate their gains from last week’s breakout, rising 0.5% and 0.7% respectively. The Nasdaq Composite maintained the week’s relative strength by breaking out above its near-term trading range and gaining 0.6%. Both the small-cap Russell 2000 and S&P Midcap 400 indices rallied 0.8%. Though the closing gains were solid, the intraday trading action was far fr[...]

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[Source: The Money Blogs]

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