Market review – Tue, 8th Jan’ 13: The major indexes Dow Jones, S&P 500 and NASDAQ saw a mixed open, but started to go south, right away. The sell-off got nothing but accelerated, as the trading session progressed and the indexes posted heavy losses, around noon. The indexes spent the rest of the day in a recovery mode. The recovery at NASDAQ showed some strength, so… so…on the S&P 500 side, but fell short in the Dow Jones. The Dow Jones underperformed and posted -0.41% losses for the day. The S&P 500 and the NASDAQ posted -0.32, -0.23% losses, respectively.

Volume: The trading volume picked up pace both in the NYSE and NASDAQ stock exchanges, and came in heavier than yesterday’s level. The heavy volume trading along with over -0.2% losses resulted in a distribution day for all three indexes.

Growth stocks: The growth stocks from our watch lists list overall had a decent day, as the heavy volume gainers list ran even with the decliners. The decliners didn’t show much dominance either in our “Top 250 – Growth Stock Daily Heat Map” that ignores the trading volume.

Recap: The indexes added another unwelcomed distribution day, today. The Dow Jones closed below the very short-term 13,336 support price level. But, its chart remain healthy. The S&P 500 and NASDAQ charts remain strong, thanks to last week Wednesdays whopping gains.

But, the indexes need to get their act together in order for the rally to make any meaningful gains.

Leading Growth Stocks up in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
CELG – Ticker not present in the current file.
CYBX – Ticker not present in the current file.


Leading Growth Stocks down in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
TLLP – Ticker not present in the current file.
YUM – Ticker not present in the current file.



Dow Jones – Today’s Closing value : 13,328.85 -55.44 (-0.41%) Intraday High: 13,377.42 Intraday Low: 13,293.13.
S&P 500 – Today’s Closing value :1,457.15 -4.74 (-0.32%) Intraday High: 1,461.89 Intraday Low:1,451.64.
NASDAQ -Today’s Closing value :3,091.81 -7.00 (-0.23%) Intraday High: 3,103.39 Intraday Low: 3,076.60.
Data source: Yahoo Finance