Tuesday, December 25, 2007

No Follow-through To Tuesday’s Bullish Reversal

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Yesterday was a rather uneventful session, as the major indices opened flat, chopped around on both sides of unchanged, then settled with narrowly mixed results. The Nasdaq Composite eked out a gain of 0.2%, but the S&P 500 and Dow Jones Industrial Average slipped 0.1% and 0.2% respectively. The small-cap Russell 2000 ticked 0.3% higher, while the S&P Midcap 400 dipped 0.1%. Showing indecision all the way into the close, the main stock market indexes finished near the middle of t[...]

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[Source: The Money Blogs]

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