Thursday, May 1, 2008

A Wink And A Nod

Tuesday delivered another narrow range day for the markets and split the Nasdaq from the S&P 500 along with the Dow. The Nasdaq closed slightly green leaving the S&P 500 and Dow slightly red on higher volume. Our volume on the Nasdaq and NYSE outpaced yesterdays by a hair, we can give credit to the Nasdaqs strength for that participation. Crude closed Down $3.05 to $115.70 a barrel and gold had a melt down closing at $876.60 off $18.90 an ounce. Another very narrow range day leaving the market wound up for the FOMC announcement Wednesday at 2:[...]

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[Source: The Money Blogs]

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