I love this chart, but since the Chart is unreadable I'll give you the spread sheet. In green if you don't follow are the Percentages each index was up or down....
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, May 22, 2008
Dow indexes
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2 comments:
So what is the significance? A rotation into financials?
BTW, are we still considering LIBOR spreads? How would that predict or correspond to a sector rotation into financials and dividend stocks?
I think it's great to see what sectors are moving the market from day to day.
I just havn't had the time to do the libor spread... Hopefully sometime today I'll catch up on that chart
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