SPX closed just below 1300 finishing at 1299.54. Breadth was 17 issues up for every 13 down. 290 new 50-day highs
QQQQ up .5% largely on NFLX's positive outlook. NFLX opened at 207 consolidated for 60 minutes before slowly moving higher closing at 210.30 +27 for the day. (High of 211 at 3:50pm)
PCLN rose 9.76 to 432.46 to lead the Nasdaq big caps.
POT rose another 5.94 after announcing a 3 for 1 stock split and positive guidance.
Aerospace & Defense led by GD up 2%, ROC up .98%.
Apparel was led by ROST up .71% to a new 52-week high.
Asset Managers led by BEN up 1.99% and TROW up 1% reflecting if the SPY is at new highs, then these two are literally coining money.
Building Materials led by RPM up 3.4% to a 52-week high at 23.86.
Health Maintenance Organizations reported earnings with a bang. UNH up 5% to a 52-week high. WLP up 2.89%, AGP up 2.25%, AET up 1.91%, CVH up 1.53%, CI up 1.16%.
Oil Service had a neutral day down .5% with oil dropping below $86 barrel. Although a few individual components stand out. CRR reported earnings rising 6% to 110.22. BHI up 1% to a new 52-week high at 66.67. EOG had a quiet 5-day consolidation before rising .95% to 103.25.
Real Estate Investment Trusts, whether rhyme or reason had the most number of components reaching 50-day highs. PSA up 3.23% to 108.52.
Semiconductors had a solid day with SPRD up 4.11% to a 52-week high of 21.01. XLN up 2.11% to 32.85.
No joy in industrial metals or gold/silver. Gold and Silver went to 20-day lows which Coal favorites WLT lost 2.11, ANR down 2.11, PCX down .73.
Channeling casy's words. Rotation, rotation, rotation. Find the next mover or become moved.
After-hours, AMZN getting killed down 15 pts from the 4pm close after being up 8 points during the regular session. Revenue missed expectations.
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