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Chart of the Week: Nasdaq Weekly

Posted By Barry Ritholtz On December 8, 2003 @ 2:59 pm In Finance,Media | Comments Disabled

Nasdaq’s been the market leader, and its health is an indicator looking forward. The weekly chart shows a major resistance barrier in the Nasdaq at 2100, the high reached in 2002.

NASDAQ Up Against Formidable Resistance (weekly)
nasdaq_weekly.gif [1]
Source: Chartwatchers [1]

Random Items:
Sustainable Earnings Gains? [2]
The Trouble with Hedge Funds [3]
JEC: Two Employment Surveys Updated [4]
Heuristics in Investor Decision Making [5]
Jet Lag: How Boeing blew it [6]
The Iran Challenge [7]

Quote of the Day
“No persons are more frequently wrong than those who will not admit they are wrong.”
-Francois Rochefoucauld [8]

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2003/12/chart-of-the-week-nasdaq-weekly/

URLs in this post:

[1] Image: http://stockcharts.com/commentary/archives/cww20031116h.html

[2] Sustainable Earnings Gains?: http://www.cfo.com/article/1,5309,11295%7C%7CM%7C766,00.html

[3] The Trouble with Hedge Funds: http://hbswk.hbs.edu/item.jhtml?id=3698&t=finance

[4] JEC: Two Employment Surveys Updated: http://jec.senate.gov/_files/TwoSurveysUpdated.pdf

[5] Heuristics in Investor Decision Making: http://www.turtletrader.com/journal.html

[6] Jet Lag: How Boeing blew it: http://slate.msn.com/id/2092031/

[7] The Iran Challenge: http://www.washingtonpost.com/wp-dyn/articles/A27063-2003Dec1.html

[8] -Francois Rochefoucauld: http://www.giga-usa.com/gigaweb1/quotes2/quautlarochefoucauldfrancx001.htm

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