Monday, June 2, 2008

Warning Signs In The Oil Sector

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks scored their third straight session of gains since recovering from last week’s sell-off, but several key resistance levels caused the major indices to surrender nearly half of the day’s gains in the late afternoon. After trending higher throughout most of the day, then pulling back in the final ninety minutes, the Nasdaq Composite gained 0.9%, the S&P 500 0.5%, and the Dow Jones Industrial Average 0.4%. The small-cap Russell 2000 again showed a bit of rela[...]

Read More...

[Source: The Money Blogs]

No comments:

Post a Comment