Harry Boxer
The Technical Trader
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!
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