Market Internals

    Posted by powerchord on 22nd of May 2008 at 12:18 pm

    The Nasdaq is up 0.48% to 2460, the S&P is up 0.12% to 1392, and the Dow is up 0.05% to 12608. Leading sectorsinclude: Home Furnishing +4.5%, Health Care Facilities +3.8%, Auto Retail +2.3%, Managed Health Care +2.0%, and Biotech +1.9%. Lagging sectorsinclude: Autos -6.5%, Construction Materials -3.7%, Computers & Electronics -3.5%, Diversified Metals & Mining -3.0%, and Tires & Rubber -2.6%. The morning action has come on below average volume(NYSE 425 mln, vs midday avg at 552 mln; NASDAQ 792 mln, vs 868 mln avg), advancers outpacing decliners(NYSE advancers/decliners 1815/1127, NASDAQ advancers/decliners 1636/1029), and with new lows outpacing new highs(NYSE new highs/new lows 9/13, Nasdaq new highs/new lows 10/22).

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