MCQOPTIONS
Saved Bookmarks
| 1. |
On November 22, 2009 the stock price of WalMart was $39.50 and the retailer stock index was 600.30. On November 25, 2009 the stock price of WalMart was $40.25 and the retailer stock index was 605.20. Consider the ratio of WalMart to the retailer index on November 22 and November 25. WalMart is _______ the retail industry and technical analysts who follow relative strength would advise _______ the stock. |
| A. | outperforming, buying |
| B. | outperforming, selling |
| C. | underperforming, buying |
| D. | underperforming, selling |
| Answer» C. underperforming, buying | |