The Usual Suspects

Again, this is only possible in a low volume environment, otherwise its too expensive, but it's back to the way the Indices are weighted.

As I mentioned, watch the top weighted , Wednesday in the Dow it only took 2, one, IBM had more weight than about 10 other Dow components combined.

The Dow at last peak was up +.15, the SPX +.33 and the NDX +.56%

The top 5 weighted Dow components were all green, IBM +.76%, VISA +.33%, GS +1.19%, BA (even after that horrible 60% fall in orders this month) +.36, MMM +.33.

Visa alone is worth about 7 other Dow components altogether.

Top 5 Dow components vs the Dow.

And the NASDAQ, AAPL use to hold 20%, it's been changed and the current weight is known only to $10,000 a year NASDAQ subscribers, but AAPL +.97% is top weighted, then GOOG -0.12%, MSFT +1.73%, INTC +.21% and ORC -.06% and the NDX about +.56%.

 NDX top dogs vs the NDX...

 NDX vs AAPL alone

The TICK today vs the QQQ.

It will be hard to tell how many stocks participated to what degree until I can pull a breadth chart and those are memory intensive in RT, but I'll check later, for now the NYSE TICK will have to do.