Saturday, May 24, 2008

Bear Flaggin’ It Ahead Of The Holiday Weekend

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.After opening near unchanged levels, the major indices chopped around in a relatively tight, sideways range throughout the entire day. Stocks finished marginally higher, but still near their previous day’s lows. The Dow Jones Industrial Average bounced 0.2%, S&P 500 0.3%, and the Nasdaq Composite 0.7%. Although the small-cap Russell 2000 advanced 0.8%, the S&P Midcap 400 showed relative weakness for a change, gaining just 0.3%. All the main stock market indexes closed near the mi[...]

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[Source: The Money Blogs]

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