An expiration session for certain with a fade to midmorning, a rise to mid-afternoon, and now a fade to the closing bell. Up, down and in the end, flat.
SP500 -2.44, -0.10%
NASDAQ 2.01, 0.03%
DJ30 -12.77, -0.07%
SP400 0.19%
RUTX 0.34%
SOX 0.22%
We picked up some MXWL, some BIDU (though it came back at us), overall stocks holding gains and indeed moving higher, at least outside of the financial stocks that don't look that well as they hug the 20 day EMA. Overall again no sellers entered. There is always next week, but looking at patterns, most look good again.
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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