After gapping up five points on the open, the Nasdaq failed to break through resistance and immediately turned back, spending most of the day chopping around a very narrow range on lackluster volume. The internet sector took the lead today but there was no continuation beyond the early session run up. There's a lot of resistance holding the sector down and it tried, but failed to break its three day consolidation high. Keep an eye on this sector tomorrow and look for an early break 191.50. Today's NDX winners were SIRI, XMSR, and ERICY.
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