Is a Moderate Pullback on the Way?

By the tickerspy.com Staff | Indie Research



RELATED QUOTES

SymbolPriceChange
BIDU136.90-4.93
HNZ54.47+2.37
SPWR8.13+0.65
GILD47.00-7.81
CSIQ4.20+0.62
It was a mixed day on the market, as the red-hot Nasdaq took a breather, while the rest of the market pushed forward. The earnings and economic data were generally solid today, while news out of Europe was generally subdued. While we wouldn't be surprised to see a moderate pullback given the market's big run over the last few months, the bulls remain clearly in control.

The Chinese Solar Stocks Index was the top performing tickerspy Index on the day, led by Canadian Solar (Nasdaq: CSIQ - News) with a 17% gain. The Stem Cell Stocks Index was the day's worst performing tickerspy Index, with BioTime (AMEX: BTX - News) down -5%.

Stocks traded mixed on the day, as the Dow climbed 46 points to 12,950 and the S&P advanced 3 points to 1,361. The Nasdaq, meanwhile, fell -8 points to 2,952. Oil climbed 93 cents to $103.24 a barrel, while gold slipped -$2.50 to $1,725.90 an ounce... read more.

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