{+++}The markets had a very similar day to Monday in that there was a sharp sell-off in the morning, a bounce mid-day morning and then a move to afternoon lows which pressed weekly support on the SPX. But once again in the afternoon they came back solidly with a move from 1473 to 1495 on the NDX and from 928 to 939 on the SPX,
The technicals did not manage to get back into the plus column. Advance-declines were negative by 210 issues on New York and by nearly 500 issues on Nasdaq. Up/down volume was negative by 6 to 5 on both exchanges, with total volume of 1.15 billion on New York and 2.3 billion on Nasdaq.
A quick review of our names:
AA- re-triggered this morning and looks great (dollar permitting)
CTSH- we stopped out for a buck loss, still love the pattern but we have to honor stops, could revisit if we get a better market
CSTR- triggerd short today, and rallied a little late in the day, daily chaty looks horrible and down volume was good
Below are chart updates on SIGA and OCLS and new names CENX and OGXI
NAMES
