Market Breadth for 3-28-2005
Up, down all day long for the last 3 trading sessions only to finish close to where we started. Low volume, new lows outpacing new highs, same old song and dance. Maybe it is just me, but this smacks of distribution....
Dow 10,485.65 +42.78 (+0.41%)
Nasdaq 1,992.52 +1.46 (+0.07%)
S&P 500 1,174.28 +2.86 (+0.24%)
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NYSE Volume 1,673,289,000
Nasdaq Volume 1,487,467,000
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NYSE Nasdaq
Advances 1532 (44%) 1404 (43%)
Declines 1778 (51%) 1674 (51%)
Unchanged 131 (3%) 142 (4%)
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Up Vol 802 (51%) 725 (51%)
Down Vol 715 (46%) 656 (46%)
Unch. Vol 26 (1%) 31 (2%)
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New Hi's 36 54
New Lo's 70 85