Market review – Wed,Jan 2nd, 13: The major indexes Dow Jones, S&P 500 and NASDAQ saw a wild gapped up open, and accumulated explosive gains within 30 minutes into the trading session. The indexes spent the rest of the day, in a nice consolidation mode. The trade was orderly and tight. The indexes lost little gains by noon. But, they not only regained those losses, but also added more healthy gains in the afternoon. All three indexes saw a bullish close, as they ended the day at the Intraday highs. Dow Jones and S&P 500 raked up around +2.5% gains, while NASDAQ posted whopping +3% gains.

Volume: The trading volume picked up pace in both NYSE and NASDAQ stock exchanges, and came in heavier than Mondays level. The heavy volume trading added nothing, but more luster to the healthy gains.

Growth stocks: Leading growth stocks from our watch list, took the complete advantage of the today’s positive trading climate. The heavy volume gainers dominated the day, and only a handful of stocks made it to the decliners list. Our “Top 250 – Growth Stock Daily Heat Map” that ignores the trading volume, filled with greener shade, indicating a broad based buying.

Recap: The bulls couldn’t have asked for a better day than this. All three indexes have cleared the short-term resistance price levels. The Dow Jones is over 13,365. The S&P 500 over 1,448. The NASDAQ closed above 3,062. The S&P 500 all but ready to make a new 52 week high. Dow Jones and NASDAQ are also not that far-off. The day also brought many growth stocks breakout.

So, the market rally is entering into the new year with good strength. So, just trade on the side of the rally, and reap the benefits before the rally ends for good.

Leading Growth Stocks up in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
CSV – Ticker not present in the current file.
ASGN – Ticker not present in the current file.


Leading Growth Stocks down in higher volume:-

Ticker Name Price Price Change Price % Change Volume % Change
WPI – Ticker not present in the current file.
LNKD – Ticker not present in the current file.



Dow Jones (DJIA)Today’s Closing value : 13,412.55 +308.41 (+2.35%) Intraday High: 13,412.71 Intraday Low: 13,104.30.

S&P 500 (SPX)Today’s Closing value :1,462.42 +36.23 (+2.54%) Intraday High: 1,462.43 Intraday Low:1,426.19.

NASDAQ (COMP)-Today’s Closing value :3,112.26 +92.75 (+3.07%) Intraday High: 3,112.65 Intraday Low: 3,083.49.

Data source : Yahoo Finance.