During regular trading hours, there were many stocks that continued to break up to the upside. These stocks are usually going up with news.If you are looking to day trade Also check out my Top 2011 Stock Gainers, Stocks to Buy 2011.You can also check previous stocks to buy reports- Right Here today.Hot stocks Today Right Here.I also have technical analysis different stocks-Right Here. Market Technical analysis Right Here
Quick Look Market Closing Price:
At the close: Dow -2.48% to 10643. S&P -2.96% to 1098. Nasdaq -2.77% to 2080.
Treasurys: 30-year +1.88%. 10-yr +0.68%. 5-yr -1.367%.
Commodities: Crude -2.92% to $76.89. Gold +2% to $1654.75.
Currencies: Euro -1.37% vs. dollar. Yen -0.54%. Pound +0.85%.
As far back as July, the S&P 500 had bounced Spalding-like off the 1120 level. Not only did that level not hold this afternoon, but in the final moments of trading the S&P sliced through 1101, another level deemed critical by stock-market technician types. Aad not only was the breaking of 1101 bad news, but stocks have been posting a series of lower intraday highs over the past month — 1230 on Aug. 31, then 1220 on Sept. 20 and on Sept. 27.With the break below 1101, there is a trap door that opens down to 1070-1080 and the real support is last summer’s low of 1010-1040. That area is major support that long term bulls should come in and try and defend.
Somaxon Pharmaceuticals (SOMX) jumps in post-trade after saying it had a productive meeting with the FDA relating to the over-the-counter development program for its insomnia drug Silenor, developed jointly with Proctor & Gamble (PG). SOMX +22.5% AH.
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