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3 Apr 2015
US Indices end with a positive consolidation – TechTrader
FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the performance of US Indices, noting that the stock market indices had a positive, but choppy day.
Key Quotes
“They opened with a sharp move up, and then a sharp move down that held, especially on the S&P 500, and rallied to the session highs that occurred in the first 30 minutes. They then came down in a 3-step decline, tested support, and bounced in a 5-wave advance, but then pulled back in the afternoon, only to have a late charge near the highs. Unable to get through, they pulled back in the last 10 minutes.”
“Net on the day, the Dow was up 65.06 at 17,763.24. The S&P 500 was up 7.37 at 2066.96. The Nasdaq 100 was up 4.75 at 4316.01.”
“Advance-declines were 19 to 11 positive on the New York Stock Exchange, and 13 to 11 positive on Nasdaq. Up/down volume was a 3 to 1 positive on New York, with total volume of over 3 billion shares. Nasdaq traded close to 1 1/2 billion shares, and had a less than 3 to 2 positive volume ratio.
TheTechTrader.com board was mixed. Priceline.com Incorporated (PCLN) was up 10.84 to 1160.44, Apple Inc. (AAPL) up 1.07 to 125.32, Amazon.com Inc. (AMZN) 1.99 to 372.25, and Netflix, Inc. (NFLX) up only 1.06 cents to 414.18.”
“Tesla Motors, Inc. (TSLA) jumped 3.41 to 191.00.”
Key Quotes
“They opened with a sharp move up, and then a sharp move down that held, especially on the S&P 500, and rallied to the session highs that occurred in the first 30 minutes. They then came down in a 3-step decline, tested support, and bounced in a 5-wave advance, but then pulled back in the afternoon, only to have a late charge near the highs. Unable to get through, they pulled back in the last 10 minutes.”
“Net on the day, the Dow was up 65.06 at 17,763.24. The S&P 500 was up 7.37 at 2066.96. The Nasdaq 100 was up 4.75 at 4316.01.”
“Advance-declines were 19 to 11 positive on the New York Stock Exchange, and 13 to 11 positive on Nasdaq. Up/down volume was a 3 to 1 positive on New York, with total volume of over 3 billion shares. Nasdaq traded close to 1 1/2 billion shares, and had a less than 3 to 2 positive volume ratio.
TheTechTrader.com board was mixed. Priceline.com Incorporated (PCLN) was up 10.84 to 1160.44, Apple Inc. (AAPL) up 1.07 to 125.32, Amazon.com Inc. (AMZN) 1.99 to 372.25, and Netflix, Inc. (NFLX) up only 1.06 cents to 414.18.”
“Tesla Motors, Inc. (TSLA) jumped 3.41 to 191.00.”