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NASDAQ 100 Sentiment Report -
5/9/2008 Previous trading day (5/8/2008) outlook: 50% Up and 50% Down. The NASDAQ 100 index dropped -0.33% today. Losers topped winners by a margin of 1 to 1 (an A/D issues ratio of 0.92). In terms of volume readings, the ratio of losers to winners was about 1 to 1 (an A/D volume ratio of 0.94). The session’s lowest A/D issues ratio (of 0.08) and A/D volume ratio (of 0.47) were noted around 9:30 EST. By this time, the index had declined about -0.93%. From the day’s data we can conclude that market breadth was clearly neutral;
(Next day outlook is 100% mechanically calculated and is based on index reaction to similar market sentiment occurrences in history back to 1997) Copyright © 1997-2008 MarketVolume.com: You may not copy, distribute, transmit, display, perform, reproduce, publish, license, sublicense, create derivative works from, transfer or sell any of the Information.
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