Sunday, October 5, 2008

A Look At The "Big Picture" Monthly Charts

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks showed resilience yesterday, as the major indices moved lower in the morning, then reversed and recovered much of their early losses by mid-day. Relative weakness in tech stocks held the Nasdaq Composite down to a 1.1% loss, but the S&P 500 and Dow Jones Industrial Average declined just 0.3% and 0.2% respectively. Lagging alongside of the Nasdaq was the small-cap Russell 2000 and S&P Midcap 400 indices, both of which fell 1.2%. The main stock market indexes[...]

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[Source: The Money Blogs]

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