IBD 50 Outperforms Peer Indexes; Landscape Is Tough
Posted on November 02, 2012 at 18:11 PM EDT
Leaders have lagged the market as of late. But they outperformed during last week's short trading week. Thanks to big gains in several top stocks, the IBD 50 climbed 0.6% for the week vs. a 0.2% gain for the S&P 500. The Nasdaq fell 0.2%. CommVault Systems (CVLT) blasted up 23% for week, putting it back above its 10-week line and a 53.90 buy point. The maker of storage software surged on better-than-expected fiscal Q2 2013 results. Its earnings