Only a buy program in the final 45 minutes lifted the averages off their lows. Silver reached new 31-year highs but closed well off session highs. Gold and Oil were up but their corresponding stocks were not as most people are sitting in cash awaiting a definitive direction from the market.
IWM down 1.54%, QQQQ down 1.4%, SPY down .83%, DIA down .66%.
NYSE Breadth was 23 down for every 7 up. Only 154 issues made new 50-day highs.
Silver led all sectors via the SLV up .54 to 35.23. Gold was up .39 via the GLD to 139.72.
Coffee via the JO was up 2 to 75.02.
Cocoa via the NIB up .09 to 52.24.
Cigarettes led by PM up .14 to 63.64.
Cleaning Products led by CHD up .30 to 76.68.
Nasdaq Big Cappers taken to the woodshed today: GOOG down 8.96 to 591.66, NFLX down 3.32 to 207.40, AMZN down 2.59 to 169.08, ISRG down 2.45, to 329.59, PCLN down 2.44 to 466.69.
Light Sweet Crude Oil for April delivery was up closing .36 to 104.92 although it was over 106.90 intraday. Most Oil stocks were down, but LUFK up 1.81 to 86.69.
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