For a -2.2% day the breadth is horrific. I have multitudes of watch lists with not 1 green name (that is not an inverse ETF). Granted the Russell 2000 is -3% so the action is worse than the large caps indicate but generally you still have 5 to 10% of your stocks up, unless it's one of those -4%+ days.
On my lists, all I can find green are:
AsiaInfo Holdings (ASIA) +8% (for reasons I cannot find)
Dr Reddy's Laboratories (RDY) +0.3%
Silver Wheaton (SLW) +1.3%
Ryland Group (RYL) flat
Delta Air (DAL) +4.1%
Gymboree (GYMB) +0.4%
and a few gold miners
That's it... hundreds of stocks out there on these lists, and not even 2 hands worth of fingers in the green. Astounding.
Friday, May 14, 2010
Breadth Horrid
Posted by
Mark
at
2:44 PM
Breadth Horrid
2010-05-14T14:44:00-04:00
Mark
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Breadth Horrid
2010-05-14T14:44:00-04:00
Mark
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