April 11, 2013 at 18:53 PM EDT
Stock Indexes Score Gains, But Nasdaq Shows Stalling
Stocks advanced Thursday, but the Nasdaq showed disturbing technical action. The Nasdaq inched up 0.1%, while the S&P 500 added 0.4%. The IBD 50 led with a 0.7% gain. Volume rose on the Nasdaq and fell on the NYSE. If the bulls were looking for a confidence builder, Thursday's session didn't qualify. Gains were moderate on the S&P 500 and even better on the IBD 50, but the Nasdaq suffered a form of distribution known as stalling. A stalling day
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