Thursday, March 27, 2014

Beta Slammed

The stock market correction characteristic where risk is sold off for "safe stocks" can be seen in the performance of the Nasdaq versus the Dow.  The Nasdaq is down almost 3% for the week where the Dow is almost flat!

Heading into month end and quarter end, as well as week end, and you have to think this is a logical spot for buyers to step in and paint the tape!

With one trading session to go this week, the S&P 500 is down 0.9% for the week.

The Nasdaq is down a hefty 2.9% for the week.

The Dow is down a mild 0.2% for the week.

Sent from Surface Pro

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