Stock Indexes Build Cushion Over 50-Day Line; Nasdaq Win Streak At 5 [Investor's Business Daily]
COOPER TIRE & RUBBER (CTB)
Last cooper tire & rubber earnings: 2/24 07:00 am
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Source: Investors Business Daily
Related news U.S. stock indexes padded their cushions above the 50-day line Monday, even if the day's leadership was mostly from laggard groups. The Nasdaq climbed 0.6%, while the S&P 500 added almost 0.4%. The blue chip Dow Jones industrial average inched up less than 0.2%. Small caps led as the S&P 600 advanced 0.7%. Volume fell on the NYSE but rose on the Nasdaq, according to early figures. Small caps rising included Cooper Tire & Rubber ( CTB ), up 7% but still 25% off its high; Olympic Steel ( ZEUS ), up 7% and only 7% below its high; and smart home software developer Control4 ( CTRL ), up 4% and 8% under its high. Tires, metal products and media software all have six-month relative strength ratings that are either low or middle of the pack. IBD ranks 197 industry groups each day for six-month relative price performance. On the price-weighted Dow Jones industrial average, Boeing ( BA ) dropped 0.5%, but Goldman Sachs ( GS ) rose almost 0.8%. Overall, winners in the Dow led losers
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