In today’s (09/20/12) stock market recap, let’s analyze the key actions of the major indexes Dow Jones Industrial Average (DJIA), S&P 500(SPX) and NASDAQ Composite (COMP).All three indexes fell off the cliff at the open and posted noticeable losses, right away. NASDAQ even witnessed a wild gapped down open. But, the selling pressure got diluted within 30 minutes into the trading session and the indexes staged a recovery rally. The rally was slow but was steady and made consistent gains. There were occasional reactions along the way, but the indexes still fought through them. Dow Jones’s solid recovery helped that index to close in green. S&P 500 ended red, but flat. NASDAQ didn’t quite recover the early losses.

Trading volume came in mixed for the day as it picked up pace in the NYSE stock exchange, but receded in the NASDAQ. The slight low volume in the NASDAQ helped the index not to log a distribution day, today.

Leading growth stocks from our watch list over all had a positive day, today as the heavy volume gainers led the market. But, still noticeable number of stocks made it to the decliners list, as well.

The indexes witnessed another flat trading, day. Though, we are not thrilled with its action as like yesterday, but it was nice to see the indexes fought back the early selloff and NASDAQ avoided a distribution day. So, the current “Market Rally” remains undamaged , so look for any healthy pullback (i.e. on low volume) among the leaders that are extended in price and use it as a buying opportunity.

Leading Growth Stocks up in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
DLTR – Ticker not present in the current file.
DG – Ticker not present in the current file.


Leading Growth Stocks down in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
BBBY – Ticker not present in the current file.
DISH – Ticker not present in the current file.


S&P 500 (SPX)Today’s Closing value :1,460.26 +0.79 (+0.05%) Intraday High: 1,461.23 Intraday Low: 1,449.98.

NASDAQ (COMP)-Today’s Closing value : 3,175.96 6.66(0.21%) Intraday High: 3,178.45 Intraday Low: 3,156.46.

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