Off the Charts
The market declined Monday, with the Nasdaq the weakest index, falling 0.6%. The market gapped down this morning on European concerns but pared some of the early morning losses as it closed the day off the lows.
Will last Thursday's low of 1449 continue to hold going forward, or will support of 1433-1438 be tested? The S&P 500 is about 20 handles off of highs at this point. It is wise to go through stocks and sectors to see how they are holding up against the market. The market goes through cycles, and throughout those cycles new leaders emerge while some former leaders fall by the wayside....896 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.