The TradingEdge

[Mike_Mac]

2 Bit- Yep kept an eye on OEX all day. I have a close of 538.03. We bounced at 1180 on SPX, and 60 min chart tested and bounced off of 20 ema. But very mixed overall. I like that we held support, but thinking we will see overnight markets stressed some. So closed longs. That said, some of the financials look close to retesting support on declining volume so will be watching that to see if they can get any traction over next day or two. Semiconductors look strong overall, JDSU reports after market tomorrow. If semi's hold up NVDA may a good one to watch.