Tuesday, March 23, 2010
The major averages ended higher after stronger-than-expected data was released from the ailing housing market. Volume totals were higher compared to Monday’s totals on both major exchanges. Advancers led decliners by over a 2-to-1 ratio on the NYSE and by a 2-to-1 ratio on the Nasdaq exchange. There were 77 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, higher than the 45 issues that appeared on the prior session. New 52-week highs again overwhelmingly trumped new lows on both exchanges.