Wednesday, March 26, 2008

The Semiconductor Index Is Waking Up

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.As anticipated, stocks followed through on the bullish momentum that began developing last week, enabling the major indices to score another round of solid gains. Led by a rare show of strength in the Semiconductor Index ($SOX), the Nasdaq Composite powered 3.0% higher. The S&P 500 and Dow Jones Industrial Average both climbed only half as much (1.5%). The small-cap Russell 2000 and S&P Midcap 400 indices rallied 2.9% and 2.3% respectively. Each of the [...]

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[Source: The Money Blogs]

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