Page 488 - How to Make Money in Stocks Trilogy

358 INVESTING LIKE A PROFESSIONAL

NYSE + Nasdaq Stocks on the Move

© 2009 Investor’s Business Daily, Inc.

in price. This zeroes in on the daily supply and demand for leading securi-
ties. It was a bearish day.
I’ve found this computer screen to be valuable. For it to fail to pick up a
new big leader is almost impossible. But you’ve got to do your own home-
work to understand some of these names you might not know. IBD also tries
to cover these companies in our various columns.

How’s The Market?
Page B2 is titled “How’s The Market?” It is loaded with absolutely crucial
data. We present the four key general market indexes—the NYSE compos-
ite, Nasdaq, S&P 500, and Dow Jones Industrials—in large, easy-to-read
charts. We stack them one on top of the other so you can compare them and
see which indexes are stronger and if one index diverges from the others at
some point. At this time, we note that while all the indexes were in a nega-
tive trend in January, the Nasdaq was down only 2%, less than the others,
implying it is the leader at this stage in a difficult market.