STOP TRADING

Leading sectors remain Brokers, Banks, Retailers and Oils. The market internals remain split with NYSE internals 650 green and NAZ 150 to the good side. AAPL and the Semis trade in the red while GOOG is 12 beaners to the green.

The 10 Year Bond trades back to the 4.87% range and this bears watching if one wishes to navigate the markets profitably.


SPY resistance of 130.55 works nicely as the markets run into the initial wall. Keep in mind that major resistance remains overhead in the 131 area.

In addition, Voldemort strikes again and gives us the anticipated top/fade. I don't know how anyone could be so good at finding tops and bottoms.

The stock picks of the day by the above mentioned Voldemort finds him bullish on FWLT (75.72) CFC (37.09) APD (66.62) and GS(161.13). We will track these and see how he does.