May Gains

A choppy session ended with a late surge Friday as investors pushed some of the stronger companies of May and surging commodities prices drove another rally for materials companies.

For the Memorial Day shortened trading week, the NYSE jumped 3.70% while the NASDAQ outdueled gaining a healthy 4.87%. 

Since 3/23/09, when the NLX NYSE turned Bullish, the NYSE has gained 15.78%.  

Since 3/18/09, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 18.99%.

NLX NYSE +61

NLX NASDAQ +219

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.

 del.icio.us  Stumbleupon  Technorati  Digg 

 

What did you think of this article?




Trackbacks
  • Trackbacks are closed for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Comments are closed.