Online Stock Trading | Nasdaq Divergence

Nasdaq Divergence


Filed Under Market Commentary |

I want to point out the divergence between the Nasdaq and the dow/s&p 500 at the
moment…Nasdaq down .5% while the Dow and s&p are up .3% and .2% respectively.
I wanted to point this out because in the first two weeks of May we saw the
same thing happening. Nasdaq started to accumulate distribution days while the
Dow and s&p kept moving on…this could be signalling that this confirmed rally
is all but dead, very soon. Just tread lightly, be in cash.

MktSpec

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