S&P 500
The S&P 500 ($SPX) rose 5.52 points or 0.42%, and closed at 1,324.57. Consumer discretionary shares led the index. The top individual percentage performers in the were Urban Outfitters (URBN) (+5.55%), Family Dollar Stores (FDO) (+5.19%), JC Penney (JCP) (+4.91%), and Harman Intl. Inds. (HAR) (+4.42%). The top percentage losers were Becton Dickinson & Co. (BDX) (-5.38%), Coventry Health Care (CVH) (-4.98%), Principal Financial Group (PFG) (-4.33%), and NASDAQ OMX Group (NDAQ) (-3.51%). Energy and utilities were the only sectors to post a loss for the session.
The Nasdaq Composite ($COMPX) ended the session higher by 13.06 points, or 0.47%, on Tuesday and it closed at 2,797.05. The strongest shares in the Nasdaq-100 were Urban Outfitters (URBN) (+5.55%), Sandisk (SNDK) (+4.18%), Amazon.com (AMZN) (+3.76%), and Millicom Intl. Cellular (MICC) (+3.22%). Teva Pharmaceutical (TEVA) (-5.38%), NVIDIA (NVDA) (-2.97%), Ctrip (CTRP) (-2.61%), and Broadcom (BRCM) (-1.98%) were the weakest.
About the Author
Toni Hansen is president and co-founder of the Bastiat Group, Inc., DBA Trading From Main Street. Toni is one of the most respected technical analysts and traders in the industry. She has been trading and educating new traders, money managers, professional market analysts and traders throughout the boom and bust of the last decade. She has worked in conjunction with some of the world's top financial exchanges. Learn more about Toni Hansen and the educational services she provides through her website at http://www.tonihansen.com.