The stock market indices ended the week on a high note. The day started it with a pop to the upside, they ran all morning, but did not get confirmation from the S&P 500 on the new, morning highs on the Nasdaq 100, but closed a 3-wave, corrective pullback. By early afternoon the indices were at their lows, reversed sharply off secondary support, and came on strong in the last two hours to finish at the highs for the day going away. Those were also new, two-week highs, since the important recent lows.

Net on the day, the Dow was up 74.22 at 17,215.97. The S&P 500 was up 9.25 to 2033.11. The Nasdaq 100 was up 20.40 to 4438.62.

At the end of the day, the technicals hadn't had a chance to completely turn around, but the advance-declines were 3 to 2 positive on New York Stock Exchange and 14 to 13 negative on Nasdaq. Up/down volume was 18 to 16 positive on New York, with total volume of 3.5 billion shares. Nasdaq traded more than 1 3/4 billion shares, and had a 902 to 880, barely flat, volume ratio.

TheTechTrader.com board was mixed. Priceline Inc. (PCLN) was up 9.28 to 1336.57, Google Inc. (GOOG) up only 46 cents to 662.20, and Amazon.com Inc. (AMZN) 8.32 to 570.76. Apple Inc. (AAPL) was down 82 cents to 111.04 and Netflix, Inc. (NFLX) lost 2.10 to 98.99. So it was a mixed picture with the market generals.

Tesla Motors, Inc. (TSLA) ran 5.70 to 227.01.

Gainers of note included Facebook, Inc. (FB), up 1.58 to 97.54, Twitter, Inc. (TWTR) up 1.44 to 31.15, FireEye, Inc. (FEYE) 1.08 to 31.00, and Radius Health, Inc. (RDUS), which had a nice reversal, up 3.56 to 68.93.

On the downside, SolarCity Corporation (SCTY), in a weak solar sector, dropped 2.49 to 44.16.

Checking the TheTechTrader.com percent-gain leaderboard, Xenoport, Inc. (XNPT) gained 54 cents to 5.58, or 10.7%, on 3.7 million shares.
Rockwell Medical, Inc. (RMTI) had a good day, particularly late in the day, up 2.37 to 13.46, or 21.4%, on 1.4 million shares. Chinese stocks were firm today, Weibo Corporation (WB), in particular, advanced 1.84 to 15.57, or 13.4%, on 3.2 million shares.

Among other gainers, Five Prime Therapeutics, Inc. (FPRX) was up 3.72 to 31.65, PTC Therapeutics, Inc. (PTCT), which we put a swing on today, up 3.51 to 35.25, Box, Inc. (BOX) up 1.01 to 13.62, and Mattel, Inc. (MAT) up 1.36 to 23.89.

Biotech's, in general, had a nice session. Repligen Corporation (RGEN) jumped 2.80 to 30.27, and ZELTIQ Aesthetics, Inc. (ZLTQ) popped 97 cents to 33.12.

Gold was strong today. Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST) stair-stepped its way higher, up 2.05 to 22.82. Direxion Daily Gold Miners Bear 3X ETF (DUST) jumped 1.05 to 12.80.

Stepping back and reviewing the hourly chart patterns, the indices opened with a gap up, ran, had a good morning, but a weak midday session, reaching the session lows. Late in the afternoon they reversed, and closed at the session highs going away.

Have a nice weekend!

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