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Current DateTime: 01:03:24 01 Dec 2008
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        A news event can trigger a rally. A leading indicator of this is a rise in volume which doesn't correspond with a rise in stock price. Today, we chart the game of Pass the Parcel. The aim is not to be left holding the stock when news is either confirmed or dismissed.

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Aug.19
5:22 PM ET
Tuesday, 19 Aug 2008
Global Market Olympics: S&P 500 Stays in the Black by a Hair

Medal Rounds - Day 8:  Another tough day.  Only three days to go and the S&P 500 is barely in positive territory.  A 1% spread with the Swiss Market Index remains.  Will the USA be able to hold on?  Who will finish the week strong and grab a medal?

  • The S&P 500 lost another .9% yesterday, but managed to lose less than its peers which all lost more than 1.5%
  • Japan and Australia  are in a dead heat for third
  • The top four contenders are now within a 2% range, putting the gold medal back in play
  • Of our original 20 indices, Israel's T25 would be in the lead, up .7%, followed by Colombia's IGBC, up .3%. 

World Markets Olympic Challenge:  Leaderboard as of (8/19 Close) -

Driving the S&P south yesterday were Sallie Mae (SLM), Lehman (LEH), MGIC Investment(MTG), Autonation (AN), and Macy's (M).  Who do you think will win the World Market Olympic Challenge?

Check in daily for more updates and country profiles.  bythenumbers.cnbc.com

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