It was the Nasdaq that lead last years rally. Time will tell if it can get some juice to do it again.
Internet Index:
Software Index:
Biotech Index:
Semiconductors:
Thursday, February 21, 2008
The NDX Sector Drivers
The SemiConductors, Software, Biotech and Internet Sectors are the 4 groups that have the most driving force behind the Nasdaq 100. Below are some charts to view that can give us some hints as to why the NDX fell apart and will also give us some ideas on when the bleeding may stop (the sector support areas... if they hold)
It was the Nasdaq that lead last years rally. Time will tell if it can get some juice to do it again.
Internet Index:
Software Index:
Biotech Index:
Semiconductors:
It was the Nasdaq that lead last years rally. Time will tell if it can get some juice to do it again.
Internet Index:
Software Index:
Biotech Index:
Semiconductors:
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