Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Gold Stocks Still Correcting - 27th Oct 20
Gold and Crypto: Is This How Charts Look Before A Monetary Collapse? - 27th Oct 20
Silver's Coming Double Trigger Shotgun Price Explosion - 27th Oct 20
The $126 Billion Gold Opportunity in Australia - 27th Oct 20
Tips to Breeze through Your Spanish Classes Online - 27th Oct 20
Try The “Compounding Capital Gains” Strategy Today - 26th Oct 20
UK Coronavirus Broken Test and Trace System, 5 Days for Covid-19 Results! - 26th Oct 20
How the Coronavirus is Exacerbating Global Inequality, Hunger - 26th Oct 20
The Top Gold Stock for 2021 - 26th Oct 20
Corporate Earnings Season: Here's What Stock Investors Need to Know - 25th Oct 20
�� Halloween 2020 TESCO Supermarkes Shoppers Covid Panic Buying! �� - 25th Oct 20
Three Unstoppable Forces Set to Drive Silver Prices - 25th Oct 20
Car Insurance And Insurance Claims and Options - 25th Oct 20
Best Pressure Washer Review - Karcher K7 Full Control Unboxing - 25th Oct 20
Further Gold Price Pressure as the USDX Is About to Rally - 23rd Oct 20
Nasdaq Retests 11,735 Support - 23rd Oct 20
America’s Political and Financial Institutions Are Broken - 23rd Oct 20
Sayonara U.S.A. - 23rd Oct 20
Economic Contractions Overshadow ASEAN-6 Recovery - 23rd Oct 20
Doji Clusters Show Clear Support Ranges for Stock Market S&P500 Index - 23rd Oct 20
Silver Market - 22nd Oct 20
Goldman Sachs Likes Silver; Trump Wants Even More Stimulus - 22nd Oct 20
Hacking Wall Street to Close the Wealth Gap - 22nd Oct 20
Natural Gas/UNG Stepping GAP Patterns Suggest Pending Upside Breakout - 22nd Oct 20 -
NVIDIA CANCELS RTX 3070 16b RTX 3080 20gb GPU's Due to GDDR6X Memory Supply Issues - 22nd Oct 20
Zafira B Leaking Water Under Car - 22nd Oct 20
The Copper/Gold Ratio Would Change the Macro - 21st Oct 20
Are We Entering Stagflation That Will Boost Gold Price - 21st Oct 20
Crude Oil Price Stalls In Resistance Zone - 21st Oct 20
High-Profile Billionaire Gives Urgent Message to Stock Investors - 21st Oct 20
What's it Like to be a Budgie - Unique in a Cage 4K VR 360 - 21st Oct 20
Auto Trading: A Beginner Guide to Automation in Forex - 21st Oct 20
Gold Price Trend Forecast into 2021, Is Intel Dying?, Can Trump Win 2020? - 20th Oct 20
Gold Asks Where Is The Inflation - 20th Oct 20
Last Chance for this FREE Online Trading Course Worth $129 value - 20th Oct 20
More Short-term Stock Market Weakness Ahead - 20th Oct 20
Dell S3220DGF 32 Inch Curved Gaming Monitor Unboxing and Stand Assembly and Range of Movement - 20th Oct 20
Best Retail POS Software In Australia - 20th Oct 20
From Recession to an Ever-Deeper One - 19th Oct 20
Wales Closes Border With England, Stranded Motorists on Severn Bridge? Covid-19 Police Road Blocks - 19th Oct 20
Commodity Bull Market Cycle Starts with Euro and Dollar Trend Changes - 19th Oct 20
Stock Market Melt-Up Triggered a Short Squeeze In The NASDAQ and a Utilities Breakout - 19th Oct 20
Silver is Like Gold on Steroids - 19th Oct 20
Countdown to Election Mediocrity: Why Gold and Silver Can Protect Your Wealth - 19th Oct 20
“Hypergrowth” Is Spilling Into the Stock Market Like Never Before - 19th Oct 20
Is Oculus Quest 2 Good Upgrade for Samsung Gear VR Users? - 19th Oct 20
Low US Dollar Risky for Gold - 17th Oct 20
US 2020 Election: Are American's ready for Trump 2nd Term Twilight Zone Presidency? - 17th Oct 20
Custom Ryzen 5950x, 5900x, 5800x , RTX 3080, 3070 64gb DDR4 Gaming PC System Build Specs - 17th Oct 20
Gold Jumps above $1,900 Again - 16th Oct 20
US Economic Recovery Is in Need of Some Rescue - 16th Oct 20
Why You Should Focus on Growth Stocks Today - 16th Oct 20
Why Now is BEST Time to Upgrade Your PC System for Years - Ryzen 5000 CPUs, Nvidia RTX 3000 GPU's - 16th Oct 20
Beware of Trump’s October (November?) Election Surprise - 15th Oct 20
Stock Market SPY Retesting Critical Resistance From Fibonacci Price Amplitude Arc - 15th Oct 20
Fed Chairman Begs Congress to Stimulate Beleaguered US Economy - 15th Oct 20
Is Gold Market Going Back Into the 1970s? - 15th Oct 20
Things you Should know before Trade Cryptos - 15th Oct 20
Gold and Silver Price Ready For Another Rally Attempt - 14th Oct 20
Do Low Interest Rates Mean Higher Stocks? Not so Fast… - 14th Oct 20
US Debt Is Going Up but Leaving GDP Behind - 14th Oct 20
Dell S3220DGF 31.5 Inch VA Gaming Monitor Amazon Prime Day Bargain Price! But WIll it Get Delivered? - 14th Oct 20
Karcher K7 Pressure Washer Amazon Prime Day Bargain 51% Discount! - 14th Oct 20
Top Strategies Day Traders Adopt - 14th Oct 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

Mixed Day for Stock Market Indices

Stock-Markets / Stock Markets 2016 Nov 17, 2016 - 12:24 PM GMT

By: Harry_Boxer


The stock market indices had a mixed session today, but the Nasdaq 100 came back strong with the blue chips backing off to close mixed on the day.

The day started out with a pop to the upside in a 5-wave mini advance on Nasdaq 100. The S&P 500 bounced and came down in a falling wedge, so there were two different patterns. Both the Nasdaq 100 and the S&P 500 settled into a consolidation, and at the end of the day tried to rally, but couldn’t get through resistance, and backed off into the close.

Net on the day, the Dow was down 54.23 at 18,868.83, after reaching new all-time highs at 19,000,00 earlier. The S&P 500 was down 3.44 at 2176.95, 4 points off the low and 3 points off the high. The Nasdaq 100 was up 27.79 at 4792.27.

Advance-declines were slightly positive on the New York Stock Exchange, and the same on Nasdaq. Up/down volume was 11 to 7 negative on New York, total volume of 3.3 billion shares traded. The Nasdaq traded 2 billion shares and had a 4 to 3 positive volume ratio. board had a mixed day. (PCLN) was up 5.78 to 1503.23, Alphabet Inc. (GOOG) up 5.99 to764.48, Apple Inc. (AAPL) up 2.93 to 110.04,, Inc. (AMZN) 3.25 to 746.49, and Netflix, Inc. (NFLX) 1.58 to 115.17.

Baidu, Inc. (BIDU) gained 2.30 to 166.74, Facebook, Inc. (FB) gave back 86 cents to 116.34, and First Solar, Inc. (FSLR) dropped 37 cents to 32.82. Microsoft Corporation (MSFT) popped 76 cents to 59.63, but Intel Corporation (INTC) was down 7 cents to 34.84.

Tesla Motors, Inc. (TSLA) advanced just 16 cents to 183.93.

Other stocks to the upside included NVIDIA Corporation (NVDA), up 5.44 to 91.63, reaching a new all-time high today at 92.56. Twilio, Inc. (TWLO) was up 2.32 to 37.05, and Acacia Communications, Inc. (ACIA) up 1.55 to 76.41.

On the downside, Puma Biotechnology, Inc. (PBYI), in a difficult biotech sector, was down 1.25 to 41.80, and Exact Sciences Corporation (EXAS) down 2.78 to 14.63.

The Direxion Daily S&P Biotech Bull 3X ETF (LABU) got hammered, down 4.63 to 43.71.

Checking percent-gain leaderboard, the shippers all had a monster morning, but then gave back a chunk of the gains. Sino-Global Shipping America, Ltd. (SINO) ran 4.31, or 178%, to 6.73, on 41 million shares traded, and traded as high as 7.86 earlier in the day. Seanergy Maritime Holdings Corp. (SHIP) bounced 2.40, or 50%, to 7.20, on 12.3 million shares traded, reaching as high as 8.65.

Globus Maritime Limited (GLBS) jumped 9.29, or 188%, to 14.23, on 4.9 million shares traded, and got as high as 23.60 and as low as 6.10. Diana Containerships Inc. (DCIX) climbed 6.72, or 110%, to 12.86, on 19 million shares traded, with a low of 8.27 and a high to 26.17.

In addition, Voltari Corporation (VLTC) popped 1.40, or 65%, to 3.55, on 1.2 million shares traded.

Cara Therapeutics Inc. (CARA) gained 2.04, or 20%, to 12.20, on 5.5 million shares traded. Health Insurance Innovations, Inc. (HIIQ) bounced 1.65, or 19%, to 10.45, on nearly a million shares traded.

Stepping back and reviewing the hourly chart patterns, the indices were up in the morning, down midday, they rallied back at the end of the day to close mixed on the day.

Good Trading!


For more of Harry Boxer, sign up for a FREE 15-Day Trial to his Real-Time Technical Trading Diary. Or sign up for a Free 30-Day Trial to his Top Charts of the Week service.

(c) 2016 AdviceTrade, Inc. All rights reserved. Distributed only by written permission of AdviceTrade and The Technical Trader at . In using any portion of Harry Boxer's content, you agree to the terms and conditions governing the use of the service as described in our disclaimer at

Mr. Boxer's commentaries and index analysis represent his own opinions and should not be relied upon for purposes of effecting securities transactions or other investing strategies, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. You should not interpret Mr. Boxer's opinions as constituting investment advice. Trades mentioned on the site are hypothetical, not actual, positions.

Harry Boxer Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules