Google, NYSE, and Other Leaders Struggle
Posted on Mon 27th Nov, 2006 11:06:09 AM
Keep a close eye on these stocks and other market leaders thus far today as they have struggled and are slipping to new intra-day lows:
- Google (GOOG) is trading right in its $493ish support area, and thus far has held up. I would walk away short term if it falls and closes under $492 on distribution volume. Google is down 11 poitns or just over 2.2% on the day thus far.
- NYSE Group (NYX) topped out this morning at $109.25 and has stumbled ever since. Intra-day low is $105.55, and the real time last of $106.05 puts NYX down over 2 points or just over 2%. Volume is nearing 2.2 million.
More on this topic
(What's this?)
Google Patents: a good idea that needs some work
(Pharma's Cutting Edge, 12/14/06)
Google Valuation
(Valuecruncher, 11/22/06)
Google Finance Enhancements
(Random Roger's Big Picture, 12/13/06)