SPX Inches Higher...

DJIA + 4.76, +0.06% SP500 + 5.38, +0.35% NASDAQ Comp. + 5.38, +0.31% Russell 2000 - 0.09, -0.94% Exchange NYSE NASD Advancing 1,803 1,341 Declining 1,169 1,317 The VIX moved down and did confirm the move up in the SPX on Thursday Seven of nine sectors moved higher on Thursday. Financials, Energy, Industrials, Materials, Consumer Discretionary and Technology were stronger than SPX -0.17% Financial stocks stronger than XLF +1.26%: ZION, GS, PRU, JPM, MET, C, IVZ, RF, NTRS, STT, WFC, KEY, MS, CME and ETFs UYG and FAS. Tech stocks stronger than XLK +0.63%: ADBE, AMT, AMAT, GOOG, EMC, GLW, DELL, IBM, MA YHOO and SYMC. Sector Watch Up Trending: Horizontal Breakout: XLB, XLK, XLY Sideways: XLE, XLV, XLF, XLP, XLI, XLU Down Trending: SPX Key resistance levels: 883 = 200 DMA 910 = 50 DMA 920 = horizontal end of May high 930 = horizontal 944 – 956 = January/June horizontal 962 = 161.8% Fib extension Key support levels: 870 - 875 = horizontal PWRD big move up. Stocks to Watch on Friday Leading Stocks Holding Above 30 DMA PWRD, FUQI, K, CPLA, ACN, PSYS, ESRX, MHS, SLGN, AMED, HLF, FAZ, ALGT, PPD, AMX, DLTR Moving Above 30 DMA = 1 NFLX Moving Below 30 DMA = 3 BDX, ORCL, STRA Staying Below 30 DMA BKC, GILD, AAPL, APEI, BYI, CTSH, DECK, DV, GMCR, NTLS, USD, VPRT, BIDU, HDB, SYNA, CBST, CHL, ESI, GES, GXDX, ICE, JCOM, JW.A, PCLN, PETS, TDG, WCG, WRC, GR. JOYG, MCD, TRLG, AMZN, MYGN, PWR, X, BAP, GPRO, JEC, NIHD, SNHY, UYG, BLUD, RBN, AFAM, ATW, BIIB, FLS, VAR, PCP, SWN, MUR, RIMM, SPWRA, CAM, CLB, MOS, EBAY, FAS, MON, RCI, SNA, URE, EZPW, WAB, FSLR, WMT, DLB, JOSB, HANS, GME Intermediate Term Market Trend: Neutral Short Term Market Trend: Neutral