The Big 3 indexes are indicating a rally in the stock market, but market internals suggest the market of stocks is actually falling. The number of declining stocks is outnumbering advancers 1,462 to 1,413 on the NYSE and 1,834 to 1,273 on the Nasdaq. The volume of stocks gaining ground represents 42.2% of total volume on the Big Board, but on the Nasdaq, up volume is 52.3% of the total. Meanwhile, the Dow Jones Industrial Average
DJIA,
+0.54%

is up 117 points, or 0.4%, with exactly half of its components gaining ground, while the S&P 500
SPX,
+0.55%

is up 0.4% and the Nasdaq Composite
COMP,
+0.96%

is rising 0.7%.



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