Divergence of the Major Indices

Discussion in 'Technical Analysis' started by Martin Gale, Jun 12, 2009.

  1. At one point this morning, which seems typical, the indices were:

    Dow: -0.11%
    S&P: -0.46%
    NAZ: - 1.19%

    Relative to the Dow, right now the NAZ seems composed of more negatively performing stocks. The S&P is somewhere in between. Should the operators of the NAZ 'care'? Can any trading strategies take advantage of this divergence -- i.e., does it vary by much?
     
  2. Take it with a grain of salt. The Nasdaq has a greater technology and small-cap component than the Dow which can create the appearance of a "divergence". The same applies to the S&P but on a reduced scale. :cool:
     
  3. weld1

    weld1

    buy qid naz is goin to fall hard..