Stocks quoted in this article:
The S&P 500 Index (SPX - 1377.15) is currently up 0.24 percent. On the NYSE, 1,135 advancing issues are lagging the 1,734 declining issues, while 460 issues are unchanged. Up volume of 331,723,136 is being trounced by down volume of 416,315,392 on total volume of 775 million shares. The 29 new highs are far behind the 95 new lows. The Nasdaq Composite (COMP - 3128.8) is lower by 1.13 percent. Advancing Nasdaq issues of 985 are well behind 3,030 declining issues, while 562 issues are unchanged. Up volume of 366,213,600 shares is being eclipsed by down volume of 1,009,689,920 shares. Nine new Nasdaq highs are being trounced by the 346 new lows. Option volume is showing little fear in the wake of today's market weakness, with the put/call ratio for equities coming in at 0.5 thus far. This notable lack of pessimism in the equity markets is disheartening to us as sentimenticians.