Swine Flu Sinks Stock Indexes
By Kristina Zurla Landgraf • Apr 27th, 2009 • Category: Broker Commentary, Market UpdatesStock index futures are lower in early trade as swine flu has grabbed headlines. Lind Plus Senior Market Strategist Jeff Friedman notes June S&P futures remain above the 20-day moving average at 834, which is positive, but technical momentum indicators, the Stochastics and Relative Strength Index (RSI), are bearish and suggest a short-term top may [...]
