Obama Week
In a holiday shortened week where Barack Obama became the 44th President of the United States, the NYSE dropped -3.56% while the NASDAQ fell -3.40%. The market is in a state of uncertainty as traders wait for a financial-system rescue plan lead by the Obama Administration. That mood was reflected in the action today and all week - highs and lows - without making any significant progress in the broad indexes.
Since 6/6/08, when the NLX NYSE turned Bearish, the NYSE has sank -43.23%.
Since 1/14/08, when the NLX NASDAQ turned Bearish, the NASDAQ has gained .83%.
NLX NYSE -85
NLX NASDAQ -207
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Post your comments or email anytime: nlx(no spam)marketcommentary.com
Since 6/6/08, when the NLX NYSE turned Bearish, the NYSE has sank -43.23%.
Since 1/14/08, when the NLX NASDAQ turned Bearish, the NASDAQ has gained .83%.
NLX NYSE -85
NLX NASDAQ -207
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Post your comments or email anytime: nlx(no spam)marketcommentary.com
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