June 30, 2010

Zimmer Holdings (ZMH) Swims Against The Tide

In yesterday's sell-off, only 1 of the 500 stocks in the S&P 500 Index finished higher on the day Zimmer Holdings, Inc. (Public, NYSE:ZMH). yesterday's net advance/decline (A/D) reading of -498 (1 advancer minus 499 decliners) equals the worst single day A/D reading in the S&P 500 since 1990. The only other day where the net A/D reading was this bad was on September 29th 2008.

Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)

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