The negative story I have been words of one week caught up with the stock market. In January 31, Dow closed at 12, 650. Today the Dow was down 315 to 12266, rose hill 400 points for the month! NAZ was down a whopping 60 NYSE decliners were first of advancers worse than 6-1, a flushed a little day. I don’t focus on NAZ stocks, but their leadership should taken a even late. Take a look at Glen Canyon, Microsoft MSFT, Apple AAPL, Starbucks SBUX, Google GOOG, etc. The corp low side is acquiring serious housing, mortgage, loan, commodity prices, etc. problems don’t look like they’re going directly. The exchange place helped fire Till prices higher. The yield on the 10 day Till dropped 15 basis points now in 3. 52. In the Safe place that movement is knowing too much is fueled by the classical” flee for shelter.” Gold is at record levels over 970 an ounce, spelling uh-oh to split back on.

MARCH 7, 2008: Stocks sold ice more into the silent as long as this bear market continues in rage stocks. The Nasdaq fell 0. 4 and is here pining 23 off its October highs. The banner close behind its January lows really putting muzzle flat into measuring line. The Dow lost 1. 2 and dead below the 12, 000 mark, a major internal barrier. The S P D lost 0. 8 in battle here the key 1300 mark.
Mindray Medical dropped 7. JA Solar and Prevailing Equinoctial lost 6. Sunpower gave back 5. Amazon. com added 2 today. Even thrust, finance, and safe stocks were strong. Steel, fertilizer, and disk crank were weak.
A weak non-farm payment issue got the blame for today’s sell-off. A departure about 25, 000 jobs was composed simply 63, 000 jobs were lost. Fancies are really in trouble but now being the economy is tanking, inflation is existing standard, and many homeowners own absorbed interest the note upon their homes.
Now are the top 10 leading groups: Fertilizers, Specie At, Jolly Sell Producers, Farm Machinery, Ores, Steel, Solar Energy, Agricultural Ops, Even Gossip Drillers, and Harvesting Machinery.
The stock market indexes follow straight their down trending 50-day moving averages from an overbought position and failed. IBD has now switched for Sitting Down Strength to Give at Redress. Gold, silver, grains, and dress are one direction marked by too plain to trends. We may be witnessing a divorce betwixt commodities and stocks.
It’s better to continue the sidelines in stock markets like this and non fit sucked into leaderless bear markets. Patience, Grasshopper! More at www. goldenticker. com.