FirstAlert(tm) NYSE-NASDAQ-AMEX Money Index Synopsis
March 16, 2010 (FinancialWire) (Summary of March 15, 2010’s Session) — The FirstAlert(tm) Money Index Synopsis is an indicator of the depth of market direction or indirection. While not always including the same stocks, the combined NYSE, NASDAQ and AMEX 24 Most Actives and combined NYSE, NASDAQ and AMEX greatest Percentage Losers and Percentage Winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market.
Of last session’s Greatest Percentage Winners, stocks making the greatest monetary gains were led by healthcare/biotechnology company Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) trading on volume of 2,100,869 (gaining $170.1 million), integrated biotechnology company Alkermes, Inc. (NASDAQ: ALKS) trading on volume of 8,157,569 shares (gaining $456.5 million) and information technology/software company Chordiant Software, Inc. (NASDAQ: CHRD) trading on volume of 5,355,605 shares (gaining $37.7 million).
Of last session’s Greatest Percentage Losers, stocks taking the greatest monetary losses were led by healthcare equipment and supply company Boston Scientific Corp. (NYSE: BSX) trading on volume of 26,992,800 shares (losing $1.480 billion), oil, gas and consumable fuels company CONSOL Energy Inc. (NYSE: CNX) trading on volume of 2,546,500 shares (losing $991.0 million) and biopharmaceutical company MannKind Corp. (NASDAQ: MNKD) trading on volume of 5,197,204 shares (losing $264.3 million).
Of the Most Actives, last session’s trading showed 17 advancers versus 8 decliners. Volume leaders were led by diversified financial services company Citigroup, Inc. (NYSE: C) trading 70,169,100 shares closing at $3.89 (down 2.0%), the SPDR S&P 500 ETF (NYSE: SPY) trading 32,250,852 shares closing at $115.49 (up slightly over 0.0%) and healthcare equipment and supply company Boston Scientific Corp. (NYSE: BSX) trading 26,992,800 shares closing at $6.80 (down 12.6%).
The complete chart for the FirstAlert(tm) Money Index Synopsis is provided by StockSmart.com, and is accessible via Investrend’s dedicated Stock Smart NYSE-NASDAQ-AMEX Summary webpage (at http://www.investrend.com/fa-index).
The FirstAlert(tm) Money Index also appears as part of the “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts), published by FinancialWire(tm).
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