Markets had a lackluster session as both the Nasdaq and S&P 500 finished today session near UNCH. The Nasdaq gyrated slightly as AAPL, which comprises 6.5% of the benchmark, fell early but recouped losses quickly. The Nasdaq recorded its 4th straight daily advance, with none however occurring on healthy trade. The S&P 500 chart much tighter than the Nasdaq continues to plod higher. Both indexes are only 1% off their recent 52 week highs. The markets did put in a satisfactory performance today considering the weak durable goods report. GM, gave the auto group something to be proud of as it broke out today from a 29.94 cup with handle trigger on the back of a nice F report. WHR took out a 120.10 flat base trigger Tuesday on solid trade, and was rattled early after an earnings release, but bounced off 50 day SMA support and closed lower but near its highs for the day. PG TUP were both hit following their reports falling 6 and 4% respectively, but managing to close at their 50 day SMA lines.
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