All major US equity indices are now lower on the year with the Nasdaq Composite the worst-performer (and The Dow the least bad horse in the glue factory)... {chart} In the last 30 years, only 2009 saw a worst start to the year for the Nasdaq Composite... {chart} On the week, Nasdaq ripped higher today to get back to even on the week, Small Caps and The Dow were the week's laggards... {chart} Nasdaq bounce today was AGAIN perfectly off the 200DMA (and The Dow fell back below its 50DMA)... {chart} Banks were battered today - after their big run-up this year - with JPM suffering its biggest post-earnings decline in at ... (full story)