Markets Move Higher on Light Volume

DJIA + 47.07, +0.56% SP500 + 4.65, +0.54% NASDAQ Comp. + 5.34, +0.35% Russell 2000 + 6.28, +1.33% Exchange NYSE NASD Advancing 2,310 1,702 Declining 792 1,102 Oil $37.71 +$2.36 Gold $870.50 +$23.20 SOX 202.00 -0.89 VIX 43.38 -0.83 Strongest Sectors: XLE +1.35%...XLB +1.23%...XLY +1.12% Weakest Sectors: XLK -0.13%...XLV +0.08%...XLF +0.09% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK Down Trending: XLF Stocks traded very light volume on Friday as expected. Volume was slightly above the volume on Christmas Eve which was just a half day of trading. Expect some year end tax selling next week through New Years Eve on Wednesday. Next week is again a holiday shortened week with the markets closed Thursday for New Years Day. Stocks to Watch on Monday Leading Stocks: Holding Above 30 DMA AYE…PCLN…BAP…DLTR…FLR…JCOM…JEC…PCR…ATK…B…IRIS…SNA…WMS…HAS…JOSB…AMZN…BIIB…BYI…HDB…LFC…PSSI…AMX…CERN…FWLT…MTW…QSII…VMI…OI…CHU…FLS…BCO…NDAQ…ROST…VIVO…AET…ESRX…UTX…APH…CAM…CCC…CIR…CL…DECK…DV…EPR…ESI…GES…GILD…JW.A…MYGN…NOV…PCP…ACL…BLUD…DNA…HLF…OSIP…AGN…KEX…LAYN…RCI…CELG…NEU…ANSS…CBST…GME…NIHD…PSYS…RIO…SHW Moving Above 30 DMA = 6 AMED…CTSH…FSTR…PETS…SOHU…SPTN Moving Below 30 DMA = 3 CHTT…FLIR…NILE Staying Below 30 DMA SWN…MMM…STRA…BCR…AME…GIS…PTNR…TECH…AXYS…MON…MTD…URBN…ICLR…LNN...AAPL…TECH…EZPW…MCRS…MOS…NGS…POT…PPD…RTN…SINA…SPN…TEVA…WCG…WAB…AFAM…MBT…PRGO…RIMM Friday’s Action Moving Up: BTU, GDX, NUE, POT, MOS, X, AGU, CLF, FSLR, CNX, SOHU, IPI, ESRX, MEE, SCHN, SINA, AEM Moving Down: STRA, AFAM, MA, PCLN, INFY Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Down