Comments on: Not many stocks powering the rally

By: Apple powered rally « Sharing the truth one thread at a time

Apple powered rally « Sharing the truth one thread at a time — Fri, 24 Jul 2009 00:08:29 +0000

[...] « Laptop hunters are working (for Apple) Apple powered rally July 24, 2009 The Big Picture: In the Nasdaq-100 index, for example, one stock, Apple, accounts for nearly one-fifth of [...]

By: Mutant_Dog

Mutant_Dog — Thu, 23 Jul 2009 20:26:36 +0000

The recent relative (slight) outperformance of the Russell 2000 would suggest the opposite, a broader-based positivity.

By: Thursday links: blog bashing Abnormal Returns

Thursday links: blog bashing Abnormal Returns — Thu, 23 Jul 2009 17:36:52 +0000

[...] Stocks driving the Nasdaq rally. (Big Picture) [...]

By: Mark E Hoffer

Mark E Hoffer — Thu, 23 Jul 2009 17:23:50 +0000

By: Michael Panzner

Michael Panzner — Thu, 23 Jul 2009 17:00:42 +0000

Reply to Hoover: Fair point, except that many people — on and outside of Wall Street — might not realize that the indexes aren’t necessarily “the market,” and that a handful of stocks can paint a picture that could be at odds with what is really going on in this particular asset class. For those who are cynical or conspiracy-minded, it’s not hard to see how someone could benefit from moves in an index if he or she controlled the action in a few of its more heavily-weighted constituents.

By: How the Common Man Sees It

How the Common Man Sees It — Thu, 23 Jul 2009 16:42:31 +0000

I’m calling INTC a sell (though not a short) at and above $20. It could go higher but it is not justified. I originally called my buy under my former handle at $13.04 12/01/08 (I was just looking at Barry’s red Monday post that I commented at. Makes for some interesting reading)

http://www.ritholtz.com/blog/2008/12/red-monday/#comment-129956

A 50% move on a big cap in this market is a gift that I’ll take off the table(If I’m forced out of my current position, which I expect to be come ex-div day) and stuff into trading gold stocks for the big Chinese/Russian reserve currency devaluation/coup that is soon to occur

By: DL

DL — Thu, 23 Jul 2009 15:59:18 +0000

It’s worth pointing out that since the March 9th low, the R2000 index has outperformed the SPX by at least 10%.

By: Hoover

Hoover — Thu, 23 Jul 2009 15:26:33 +0000

If I’m reading your chart right, these nine stocks account for 42.4% of the index and 49.9% of the move. That doesn’t seem that crazy at all.

By: JustinTheSkeptic

JustinTheSkeptic — Thu, 23 Jul 2009 15:25:06 +0000

It all makes sense in a world that has a shit-load of cash and terrible investment choices. Call me skeptical, (oh! I guess I have already done that.) But this is a problem that is not going to be overcome by market traders such as GS et. al…. And the phonies in Washington. These paid shrills on tv should be ostracized to the farthest galaxy.

By: MRegan

MRegan — Thu, 23 Jul 2009 15:23:05 +0000

Did someone mention NVEC? Catman, you there? …them apples, eh?