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Friday, April 10, 2009

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Sector Performance Year to Date as NASDAQ Turns Positive

Fri, 10 Apr 2009 15:42:22 -0700
Believe it or not, the NASDAQ Index made a fresh 2009 high on Thursday, making it the only major US Equity Index to do so. Let’s take a moment to view the NASDAQ’s daily chart and also how the major sectors have performed year-to-date. NASDAQ Daily Chart: I showed in last night’s post the “ Cradle Trade Buy Signal ” in the S&P 500 Index. Look closely - while the Cradle formed on Thursday (April 9th’s) trading, the Cradle Crossover Buy Signal formed at the start of April in the

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