Thursday Market Wrap

{+++} For the day the SPX/DOW were +0.90%, and the NDX/NAZ were +1.80%. Bonds lost 6 ticks, Crude added 60 cents, Gold dropped $26, and the USD was higher.

Short term support is at the 1779 level and SPX 1768, with resistance at SPX 1800 and SPX 1813.

The market acted better today, but its still digesting and consolidating gains. We were down Monday, up Tuesday, down yesterday and up today. Hardly a one way market, but it is showing flashes of brilliance.

FB ripped today, biotech was hot, GOOG is up 75 points in after market trading, CMG is up 75 points in the after market and although AMZN was down big after their report it has rebounded significantly. The market seems to always forgive AMZN.

Here were some winners today.

Here were some losers.

Tomorrow we wrap the month.  See you in the morning.

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