Okay the indices are up, oil sector is helping as oil posts a 3.8% advance. A bit of softness over the past hour as stocks fade just a bit heading home to the bell. We are going to look at that as an entry possibility for YNDX, NFLX, LEDS, MMM, DECK. Will see how BIIB, VIP, SAM look into the close.
SP500 10.32, 0.47%
NASDAQ 25.11, 0.48%
DJ30 116.72, 0.63%
SP400 0.21%
RUTX 0.54%
SOX 0.48%
These are not huge moves on the indices, but individual stocks are working quite well. Oil and retail stocks are helping lead even as the NASDAQ big name stocks languish.
While we would like to see the leading indices such as NASDAQ breaking to new highs, SP500 and DJ30 are doing a pretty good job for the rest of the market.
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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