For the day the SPX/DOW were -0.10%, and the NDX/NAZ were +0.35%. Bonds lost 17 ticks, Crude dropped $2.80, Gold fell $22, and the USD was higher. Tomorrow: Factory orders and Auto sales by 10am, then the FED’s beige book at 2pm.
The market opened at a new high today, then immediately began to pullback. Short term support is SPX 1991 and 1973 , with resistance at SPX 2006 and 2019.
We saw triggers today in the following stocks: FEYE, RCPT, & MTDR.
FEYE stopped right at its 50 day moving average today. The volume has been great and it looks higher. See you in the morning.
