Daily Wrap
DJIA -9.52 (-0.07%) to 13,973.39; S&P 500 +1.05 (+0.07%) to 1,521.38; NASDAQ +1.78 (+0.06%) to 3,198.66 The market has been flexing its muscle and trying to show many different things. If your a basketball fan you might say the market is trying to show it can take you to the hole and also hit the step back jumped. The market faced another down move today and ultimately looking back at the chart the first 5 minute bar of the day market the lows. The market continued a steady climb higher and likely used the Unemployment claims, which came in better than expected (341K vs 361K…
Analyst Comments
If you see a symbol that interests you in this list then make sure to check out the Upgrades/Downgrades section for the complete list and details! Upgrades: AGU, CLR, DECK, DELL, DUK, EV, FNSR, IGT, NI, RSANY, TOT, VZ, WSM, WWAV Downgrades: CF, CNK, DWA, ELX, JNS, OXY, PRE, QLGC, RATE, RATE, RDS.A, RGC, SJM, TEVA
Daily Wrap
DJIA -28.57 (-0.23%) S&P 500 -2.17 (-0.16%) NASDAQ -9.87 (-0.35%) Sector’s lagging in the S&P today were: Utilities -0.73%, Basic Materials -0.96%, Telecommunications -1.07% while the leaders were: Consumer Goods +0.20%, Financials +0.20% and Oil & Gas +0.14%. Another morning where the S&P started higher but faced early selling. If you were to just check in at the end of the day you would think today was a lack luster day in the market but if you were around it felt like a much more volatile than the ending prices reflect. We posted at StockTwits the 5 minute downtrend line on the…