As Stocks Turn Red, The Dow-Nasdaq Divergence Is The Biggest Since 2002
The decoupling between The Dow (well just a few stocks within The Dow really) and The Nasdaq is now at its widest in over 14 years (surpassing 2007 and 2003 peak divergences).
The Dow and S&P just turned red on the day, joining Nasdaq's demise...
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Butthe gap between The Nasdaq and Dow is widening...
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This is the biggest divergence between a higher Dow and lower Nasdaq since July 25 2002...
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Disclosure: None.
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