Wednesday Market Wrap 1/15/14

{+++} For the day the SPX/DOW were +0.60%, and the NDX/NAZ were +0.80%. Bonds lost 7 ticks, Crude rallied $1.80, Gold slipped $3, and the USD was higher.  Short term support rises to the 1841 and 1828 levels, with resistance at SPX 1849 and the 1869 level.

The biotechs held their gains after a big day yesterday with the exception of some individual stock in the group that pulled back a little.

The financials (XLF) and metals and mining (XME) were leaders today.  Coal specifically had a decent day (KOL).

As you can see below, XLF held the 20 day moving avg. and its uptrend line after the minor pullback the other day.


P&L name FFIV had a strong breakout today.

Here were some top dollar mover today.

Here were some top dollar losers today

See you in the morning.




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