Posts Tagged ‘xlf’

NYSE New Highs/New Lows Ratio Falling Off a Cliff

Monday, November 17, 2008 16:34 1 Comment

Another brutal day on wall street as the Dow Jones Industrial Average gave up another 223 points to close the day at 8273.  The following chart paints a grim picture as to the internal health of the market. The NYSE New Highs-New Lows ratio shows the number of stocks in the NYSE making new 52 [...]

This was posted under category: 2008 Crash, Bear Market, Charts, Crash, Economy, Finance, Great Depression, Special Reports, Stock Market, Technical Analysis Tags: , , , , , , , , , , , , , , , , , , ,

Financials Lead The Markets Lower (Again)

Friday, November 14, 2008 18:50 No Comments

The stock market continued it’s slide this week with the financial stocks leading the way.
Goldman Sachs, UBS, Citigroup & Merrill Lynch make fresh new lows.

Both Houses of Morgan (JP Morgan & Morgan Stanley) show relative strength while Goldman Sachs and Citigroup look the weakest.

This was posted under category: 2008 Crash, Economy, Finance, Special Reports, Stock Market Tags: , , , , , , , , , , , , , , , ,
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