Mugging Granny

Nasdaq stocks have gotten hammered far more savagely than the Dow and the S&Ps lately — a divergence that feels like part of the natural process of shaking down widows, pensioners and orphans as viciously as possible in order to make them puke up their shares at fire-sale prices. The weak and meek looked pretty well spent by the close, however, so expect the stock market to be back in bullish gear shortly and at least for a while.