Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
JOHNSON AND JOHNSON - JNJ for Life Extension Pharma Stocks Investing - 17th Aug 19
Negative Bond Market Yields Tell A Story Of Shifting Economic Stock Market Leadership - 17th Aug 19
Is Stock Market About to Crash? Three Charts That Suggest It’s Possible - 17th Aug 19
It’s Time For Colombia To Dump The Peso - 17th Aug 19
Gold & Silver Stand Strong amid Stock Volatility & Falling Rates - 16th Aug 19
Gold Mining Stocks Q2’19 Fundamentals - 16th Aug 19
Silver, Transports, and Dow Jones Index At Targets – What Direct Next? - 16th Aug 19
When the US Bond Market Bubble Blows Up! - 16th Aug 19
Dark days are closing in on Apple - 16th Aug 19
Precious Metals Gone Wild! Reaching Initial Targets – Now What’s Next - 16th Aug 19
US Government Is Beholden To The Fed; And Vice-Versa - 15th Aug 19
GBP vs USD Forex Pair Swings Into Focus Amid Brexit Chaos - 15th Aug 19
US Negative Interest Rates Go Mainstream - With Some Glaring Omissions - 15th Aug 19
GOLD BULL RUN TREND ANALYSIS - 15th Aug 19
US Stock Market Could Fall 12% to 25% - 15th Aug 19
A Level Exam Results School Live Reaction Shock 2019! - 15th Aug 19
It's Time to Get Serious about Silver - 15th Aug 19
The EagleFX Beginners Guide – Financial Markets - 15th Aug 19
Central Banks Move To Keep The Global Markets Party Rolling – Part III - 14th Aug 19
You Have to Buy Bonds Even When Interest Rates Are Low - 14th Aug 19
Gold Near Term Risk is Increasing - 14th Aug 19
Installment Loans vs Personal Bank Loans - 14th Aug 19
ROCHE - RHHBY Life Extension Pharma Stocks Investing - 14th Aug 19
Gold Bulls Must Love the Hong Kong Protests - 14th Aug 19
Gold, Markets and Invasive Species - 14th Aug 19
Cannabis Stocks With Millennial Appeal - 14th Aug 19
August 19 (Crazy Ivan) Stock Market Event Only A Few Days Away - 13th Aug 19
This is the real move in gold and silver… it’s going to be multiyear - 13th Aug 19
Global Central Banks Kick Can Down The Road Again - 13th Aug 19
US Dollar Finally the Achillles Heel - 13th Aug 19
Financial Success Formula Failure - 13th Aug 19
How to Test Your Car Alternator with a Multimeter - 13th Aug 19
London Under Attack! Victoria Embankment Gardens Statues and Monuments - 13th Aug 19
More Stock Market Weakness Ahead - 12th Aug 19
Global Central Banks Move To Keep The Party Rolling Onward - 12th Aug 19
All Eyes On Copper - 12th Aug 19
History of Yield Curve Inversions and Gold - 12th Aug 19
Precious Metals Soar on Falling Yields, Currency Turmoil - 12th Aug 19
Why GraphQL? The Benefits Explained - 12th Aug 19
Is the Stock Market Making a V-shaped Recovery? - 11th Aug 19
Precious Metals and Stocks VIX Are About To Pull A “Crazy Ivan” - 11th Aug 19
Social Media Civil War - 11th Aug 19
Gold and the Bond Yield Continuum - 11th Aug 19
Traders: Which Markets Should You Trade? - 11th Aug 19
US Corporate Debt Is at Risk of a Flash Crash - 10th Aug 19
EURODOLLAR futures above 2016 highs: FED to cut over 100 bps quickly - 10th Aug 19
Market’s flight-to-safety: Should You Buy Stocks Now? - 10th Aug 19
The Cold, Hard Math Tells Netflix Stock Could Crash 70% - 10th Aug 19
Our Custom Index Charts Suggest Stock Markets Are In For A Wild Ride - 9th Aug 19
Bitcoin Price Triggers Ahead - 9th Aug 19
Walmart Is Coming for Amazon - 9th Aug 19

Market Oracle FREE Newsletter

Top AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

Stock Market Interesting, Mixed Session

Stock-Markets / Stock Market 2017 Jan 19, 2017 - 11:37 AM GMT

By: Harry_Boxer

Stock-Markets

The stock market indices had an interesting, mixed session. A late rally on both the Nasdaq 100 and S&P 500 put them in the plus column, but the Dow did not get into the plus column, although it did come off the lows.

The day started out with a sharp pop to the upside, reaching 5058 Nasdaq 100, filling the gap from yesterday morning. The S&P 500 jumped as high as 2270 1/2, but couldn’t really get over yesterday’s high. The Nasdaq 100 was stronger today. They then pulled back midday, consolidated in wedges, and in the last hour, broke out and ran back up again.


Net on the day, the Dow was down 22.05 at 19,804.72. The S&P 500 was up 4.00 at 2271.89, 8 points off its low. The Nasdaq 100 was up 11.20 at 5055.85, 3 points off its high.

Advance-declines were 15 to 13 positive on the New York Stock Exchange, and 16 to 12 1/2 positive the Nasdaq. Up/down volume was 16 to 15 positive on New York, total volume of 3.2 billion shares traded. The Nasdaq traded 1 2/3 billion shares and had a 5 to 3 positive volume ratio.

TheTechTrader.com board was marginally changed up or down, but the vast majority were to the upside. Priceline.com (PCLN) was up 1.73 to 1541.86, Alphabet Inc. (GOOG) up 1.46 to 806.07, and Netflix, Inc. (NFLX) up 37 cents to 133.26, but Apple Inc. (AAPL) dropped a penny to 119.99, and Amazon.com, Inc. (AMZN) gave back 2.24 to 807.48.

Baidu, Inc. (BIDU) fell 42 cents to 176.54, Facebook, Inc. (FB) gained a nickel to 127.92, and First Solar, Inc. (FSLR) lost 76 cents to 34.41.

Tesla Motors, Inc. (TSLA) jumped 2.78 to 238.36.

United States Steel Corp. (X) advanced 2.69 to 34.93, on 32 million shares traded. NVIDIA Corporation (NVDA) was up 1.84 to 102.95, and swing traded Argan, Inc. (AGX) up 1.50 to 71.35.

The VanEck Vectors Semiconductor ETF (SMH) gained 1.28 to 73.63. The Direxion Daily S&P Biotech Bull 3X ETF (LABU) ran 1.32 to 39.23.

Checking TheTechTrader.com percent-gain leaderboard, aTyr Pharma, Inc. (LIFE) popped 80 cents, or 33%, to 3.25, on 3.1 million shares traded. Comstock Holding Companies, Inc. (CHCI) ran 53 cents, or 28%, to 2.40, on nearly 2 million shares traded. Globus Maritime Limited (GLBS) climbed 1.32, or 27%, to 6.17, on 6 million shares traded, reaching over 9.00 one point in the day.

Apricus Biosciences, Inc. (APRI) led the way up today, bouncing 1.35, or 89%, to 2.86, on 52 million shares traded, and traded over 4.00. Gravity Co., Ltd (GRVY) advanced 1.56, or 20%, to 9.35.

Zynerba Pharmaceuticals, Inc. (ZYNE) had a spectacular day, up 2.96, or 15%, to 22.46, but dove under 20 on a secondary announcement in afterhours.

Jazz Pharmaceuticals Public Limited Company (JAZZ) exploded 13.04, or 11%, to 128.61, on 3 million shares traded.

Stepping back and reviewing the hourly chart patterns, the indices were up sharply at the opening, down into midday, and then back sharply in the afternoon, and closed with a solid gain for the blue chips, but the Dow failed to get into positive territory.

Good Trading!

Harry

For more of Harry Boxer, sign up for a FREE 7-Day Trial to his Real-Time Technical Trading Diary.

(c) 2016 AdviceTrade, Inc. All rights reserved. Distributed only by written permission of AdviceTrade and The Technical Trader at info@advicetrade.com . 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 http://www.thetechtrader.com

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 http://www.MarketOracle.co.uk - 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