A rather boring day for the indices. No real moves here, partly due to option expiration and partly because for once there was no big news from rating agencies, Fed... Indices went up slightly to print inside bars on the daily chart.
The big news however was Google (GOOG). It had great earnings on Thursday and shot up 12.5% after hours. 600 is now resistance and has been a key area since the gap up on 10/15/10. Definitely one to keep on the radar in the coming weeks!
Energy stocks also rocked thanks to the Petrohawk Energy (HK) takeover (+62.5%!!)
Gold needs a rest here, but silver is now thru the 38 resistance area on good volume. More to come?
Meanwhile oil is hovering between 95 and 100 and might build a base here to go thru 100.
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