Afternoon Update

The market is climbing into the close, which is a bullish development considering NASDAQ-100’s hammer candlestick This move coincided with Apple (AAPL +0.5%) lifting well off its lows and reaching positive territory. The S&P is above $3800 and its 50-day. The Dow is back above 200-day. We still have 9 of 11 sectors higher, but the mega-cap…