S&P 500 Highs Aren’t Confirmed By NASDAQ
By:
DailyMarkets.com
Posted on July 27, 2009 at 07:15 AM EDT
On Friday, S&P 500 (SPX) (^GSPC) made a higher high and Nasdaq (NDX) (^IXIC) did not make a higher high. Weak earnings from Microsoft (MSFT) were part of the catalyst for the NDX not pushing to new highs. I went back and looked for other instances of the NDX not making higher highs ...
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