The stock market indices had a mixed session and closed narrowly mixed at the flat line. After moving up and then down, and going flat, at the end of the day they were higher with an hour to go, but pulled back to flat on pre-holiday profit taking, perhaps.

Net on the day, the Dow was up 1.20 at 17,813.39. The S&P 500 was down .27 to 2088.87. The Nasdaq 100 was up 3.47 to 4672.88.

Advance-declines were 3 to 2 positive on the New York Stock Exchange, and a little more than 2 to 1 positive on Nasdaq. Up/down volume was flat on New York, with total volume of 2.7 billion shares. Nasdaq traded nearly 1.7 billion shares, and had an almost 2 to 1 positive volume ratio.

TheTechTrader.com board was mixed. Priceline Inc. (PCLN) was up 5.57 to 1245.75, Amazon.com Inc. (AMZN) up 4.19 to 675.34 and Netflix, Inc. (NFLX) up 85 cents to 124.16, but Google Inc. (GOOG) dropped 13 cents to 748.15, and Apple Inc. (AAPL) lost 85 cents to 118.03.

Tesla Motors, Inc. (TSLA) jumped a whopping 11.39 to 229.64, on potential fourth quarter results.

Cellectis S.A. (CLLS) was up 1.82 to 33.30, Juno Therapeutics Inc. (JUNO) up 1.62 to 56.57, Weight Watchers International, Inc. (WTW) 1.26 to 26, Fortinet Inc. (FTNT) 1.01 to 36.76, and CyberArk Software, Ltd. (CYBR), in a strong cyber-security sector, 1.93 to 44.42.

The Direxion Daily S&P Biotech Bull 3X ETF (LABU) ran 1.32 to 23.84.

On the downside, Baidu, Inc. (BIDU) dropped 3.53 to 201.80, and was the only point-plus loser on our main board today.

Checking the TheTechTrader.com percent-gain leaderboard, Genetic Technologies Limited (GENE) thrust 74 cents to 3.70, or 25%, on 10 million shares. Ohr Pharmaceutical, Inc. (OHRP) increased 80 cents to 4.77, or 20%, on 2.3 million shares. The9 Limited (NCTY) advanced 59 cents to 3.49, or 20%, on 2 million shares. Macrocure Ltd. (MCUR) popped 27 cents to 1.94, or 16%, on 6.1 million shares. Cancer Genetics, Inc. (CGIX) moved up 47 cents to 3.72, or 14%, on 1.3 million shares.

KaloBios Pharmaceuticals, Inc. (KBIO) led the way today, up 8.23 to 26.63, or 45%, on 8.6 million shares. Aeterna Zentaris Inc. (AEZS) bounced 3.75 to 11.43, or 49%, or 17 million shares, reaching as high as 11.68 earlier in the day. Straight Path Communications Inc. (STRP) climbed 2.77 to 12.36, or 29%, on 3.4 million shares. Computer Programs & Systems Inc. (CPSI) jumped 9.71 to 50.06, or 24%. Aduro BioTech, Inc. (ADRO) ran up to 32.45, before pulling back and closing at 31.47, up 4.42, or 16%. Other gainers of note included Keurig Green Mountain, Inc. (GMCR), up 3.91 to 52.76, and Universal Display Corp. (OLED), on late news from AAPL, up 3.48 to 51.95.

Stepping back and reviewing the hourly chart patterns, the indices went up at the opening, pulled back, backed and filled all day, and consolidated until the last hour when they backed off, giving up positive gains to finish flat on the day.

Have a nice Thanksgiving Everyone!

In using any portion of The Technical Trader, you agree to the Terms and Conditions governing the use of the service as described in this disclaimer. Our disclaimers, policies and terms are subject to change without notice. The Technical Trader (www.thetechtrader.com) is published by Century-Pacific Investments and AdviceTrade, Inc., both of which are publishers. The Web site is maintained by Codexia, LLC. None of these firms, nor Mr. Boxer, is registered as a broker-dealer or investment adviser either with the U.S. Securities and Exchange Commission or with any state securities authority. Each trade mentioned in the diary and other sections of The Technical Trader is hypothetical and is not an actual trade. Mr. Boxer and employees of Century-Pacific, AdviceTrade and Codexia are not allowed to have personal positions in stocks mentioned in the diary and other sections of The Technical Trader. This policy, first announced to subscribers on June 2, 2004, gave Mr. Boxer a deadline that was extended to July 30, 2004 for liquidating any existing personal holdings in stocks mentioned on the site. Our holdings page, in which Mr. Boxer listed his personal positions in stocks mentioned on the site, was removed at that time. The publishers are not permitted to have any financial relationship with companies mentioned on the site. Mr. Boxer may recommend trades of stocks mentioned in the Diary as a consultant to hedge funds, but has agreed not to make such recommendations until after the stock has been posted on The Technical Trader Web site. Mr. Boxer's commentaries, trading ideas and model trades represent his own opinions and should not be relied upon for purposes of effecting securities transactions or other investing strategies, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. You should not interpret Mr. Boxer's opinions as constituting investment advice. Neither we nor Mr. Boxer claim to have any non-public information regarding the companies mentioned in this site. The trade prices that appear on this Web site are based on the average of the real-time bid and real-time ask prices provided by Money.net, except when entered manually by Mr. Boxer should Money.net's feed be temporarily down. There may be a delay between the price as it appears in the diary and the current price that you see from your terminal due to delays in Internet connectivity, quote delays, refresh intervals in the case of the Web-based diary page, data entry errors, and market conditions, and also due to times when Mr. Boxer is not available to make the trade at the moment a previously stated target has been met. Entries may at times be in error due to system or data-entry errors. Hypothetical performance results do not include trading commissions and other execution costs that would be incurred if the trades referenced in the diary or elsewhere on the site were actual trades. Past performance is no guarantee of future results.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds below 1.0750 ahead of key US data

EUR/USD holds below 1.0750 ahead of key US data

EUR/USD trades in a tight range below 1.0750 in the European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground. 

EUR/USD News

GBP/USD consolidates above 1.2500, eyes on US PCE data

GBP/USD consolidates above 1.2500, eyes on US PCE data

GBP/USD fluctuates at around 1.2500 in the European session on Friday following the three-day rebound. The PCE inflation data for March will be watched closely by market participants later in the day.

GBP/USD News

Gold clings to modest daily gains at around $2,350

Gold clings to modest daily gains at around $2,350

Gold stays in positive territory at around $2,350 after closing in positive territory on Thursday. The benchmark 10-year US Treasury bond yield edges lower ahead of US PCE Price Index data, allowing XAU/USD to stretch higher.

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

Read more

Majors

Cryptocurrencies

Signatures