The Breakout for Today: HALO

Hello my Investors, Traders and Readers Friends. Yesterday the market took a major impetus, especially in regard to Nasdaq. The perception of lower risk in the global economy and some production information in the U.S., contributed to give new life to Wall Street. At the end of the day, the DJ-30 went up 0.66%, approaching the 12.800 points. The SP-500 was increased by 0.89% and the Nasdaq did in 1.22%. The volume of shares was not as impressive as the variation in prices. However, in the case of the Nasdaq has been an increase in relation to a day before.
In my opinion, the market is close to important limitations. Therefore, it is very likely that inthe next few days look at some definitions. On the one hand, the DJ-30 will face a significant level of resistance in 12.800 points. if it manages to break this level, then we face a new bull market. On the other hand, in spite of market behavior the day yesterday, technically the market is pressured by a downward correction.
In these cases, any news on critical issues (unemployment in the U.S., European debtcrisis, growth performance in China and Japan) could define the direction of the market. I have the impression that this definition could occur within the next five days.
Meanwhile, many stocks continue to show an outstanding performance. One of these is Halozyme Therapeutics Inc. (HALO). Yesterday, the stock closed at U.S. $ 11.26registering an increase of 6.63%. The volume was 1.42 millions of shares, which representsthe double of what is traded daily. HALO made ​​another break and appears ready to move forward.