Story
The weekly charts for the major averages continue to portray negative divergence indicating that the new highs by the S&P 500 and NASDAQ 100 were made on less momentum and not confirmed. The VIX, or Volatility Index, is also rising, hitting its highest closing mark since November as the month ended, pointing to growing nervousness among traders.
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| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 17691.63 | -59.16 | -0.33% | -8.38% |
| DJ UTILITIES | 1018.01 | 3.74 | 0.37% | 3.59% |
| DJ TRANSPORT | 14637.85 | -54.07 | -0.37% | -7.91% |
| DJ INDUSTRIALS | 41953.32 | -11.31 | -0.03% | -1.39% |
| NYSE COMPOSITE | 19537.27 | -44.05 | -0.22% | 2.3% |
| S & P 100 INDEX | 2738.2 | -4.96 | -0.18% | -5.26% |
| RUSSELL 2000 | 2068.63 | -13.45 | -0.65% | -7.24% |
| S&P 500 | 5662.89 | -12.4 | -0.22% | -3.72% |
| CBOE MKT VOLATILITY | 19.8 | -0.1 | -0.5% | 14.12% |
| AMEX COMPOSITE | 5145.5 | 27.11 | 0.53% | 9.8% |
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