Bernanke

Federal Reserve Chairman Ben Bernanke survived hard-core opposition to his handling of the financial crisis by some Senate Republicans and Democrats and won approval on Thursday for a second four-year term.

Stocks had their worst month since February 2009.

For the week, the NYSE dropped 2.09% while the NASDAQ skidded 2.63%.

Since January 27, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 2.16%.  

Since January 22, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 2.63%.

NLX NYSE -102

NLX NASDAQ -361

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