SPX Trading Lower as Financials and Euro Pull Back...

Two of nine sectors moved higher on Thursday, XLU, XLP and XLK were the strongest sectors.

Breadth weakened as decliners led advancers 3.03 to 1 on the NYSE and 2.21 to 1 on the NASDAQ.

Exchange        NYSE       NASDAQ

Advancers          740             777

Decliners         2,243          1,719

The SPY moved down $1.01 on volume of 135.1 million shares.

AAPL -3.16, -0.52% closed at $599.34 on 23 million shares.

Leading stocks > +2% on Thursday included WDC, FAZ, LNKD, CROX,

Losing stocks < -2.0% included KKD, X, CX, SWN, MCP, WLT, ANR, FAS, FCX, VECO, STI, ENTR, HAL, UNG, UAL, CLF, CDE, SLB, IL, JDSU, ATI, ZION, CREE, UCO, SLW, URE, C, GRPN, CAT, AKS, DECK, A, BAC, TSLA, UNP, POT

NDX 100 stocks stronger than the NDX included STX, SBUX, FSLR, BIDU, ATVI, VOD, BMC, LIFE, ALXN and PCLN.

Stocks weaker than the NDX include GOLD, INTU, SHLD, GMCR, ORCL, INFY, CTRP, RIMM, NTAP and NUAN.

Two NDX stocks CA and STX closed above the 30 DMA and five AKAM, FLEX, INTU, LLTC and ORCL moved below leaving 75 NDX stocks above their 30 DMA.

Stocks to Watch on Friday

Holding Above 30 DMA = 56

CMG, NKE, CRUS, SWKS, NGLS, TPX, HLF, LNKD, LVS, CSTR, CRM, INFA, SWI, VMW, IBM, TSLA, V, ICE, TIF, DLR, SNDK, SINA, ANF, BAC, C, COH, FAS, GS, NTES, SWK, VECO, ZION, DHR, TBT, FFIV, MCP, GLW, URE, ARUN, DOW, NDAQ, SMH, STI, CLF, X, CIEN, CREE, RCL, AKS, CF, POT, SOHU, CHL, CROX, WDC, ZAGG

Moving Above 30 DMA =0

Moving Below 30 DMA = 2

A, F, JDSU, MOS, UCO, UNP

Staying Below 30 DMA

KKD, TSL, ATI, CAT, SWN, GES, PCS, FAZ, TLT, RVBD, SLW, CDE, LDK, SLB, ENTR, HAL, JNPR, ESI, IL, NVDA, DECK, HUM, UAL, WLT, DE, FCX, GRPN, ANR, PCX

Five Month Intermediate Term Market Trend: Up

Short Term Market Trend: Neutral