Monday, June 26, 2006

NASDAQ Technical Picture


The NASDAQ added 12 points on low volume to help change the blue Monday trend that has taken hold over the last few months. A quick look at the 15 minute view, shows that over the last two sessions we have had a series of higher lows and may be forming a nice bullish base. Although no tech sector made any significant gains today, most ended the session in the green. Today's NDX winners were XMSR, SIRI and CKFR. The big loser was BMET on a subpoena from the Justice dept.'s antitrust division.

No comments: