| 3:15PM Pharma HOLDRs -PPH- pulls back to 200 sma/50 ema support (TECHX) 80.39 -0.69 : The PPH is down for the fifth session in a row for a loss of as much as 3.1% off the Oct high. The recent fresh session low of 80.37 has brought support at its 200 sma/50 ema into play at 80.39/80.29. Components of interest include: AGN -0.7% approaching its 20 day exp, EYE -1.3%, BMY -1.6% vacillating near its 50 ema, BVF +1.2% holds near 50 sma for third day in a row, FRX -5.3% holding near its 50 sma, JNJ -1% held near 38% retrace of Sep-Oct rally, KG +1.8% down 14% off Oct high and forming bullish outside day, LLY -1.4% vacillating near its 50 sma/100 ema, MRK -0.5% rebounded after opening breach of 8 day range bottom, MYL -1.6% testing 50 sma, PFE -1.6%, probing its 50 sma, SGP -0.3% held at recent range floor. |
