Market wrap up 7/13

The NASDAQ managed to shake over early morning weakness and close up .2%, the Dow was up .3%, and S&P closed up .3% as well. Overall, this was a very strong week for the bulls with a new all time high set by the Dow. The system portfolios has a nice week as well up 5%. I sold my NTGR option today for 1.7 and took the 8% loss. Something just doesn't smell right, with the huge move the markets had yesterday a breakout stock should have really taken of but instead it traded lower. I believe that can mean a couple of things, it's either basing a bit more before the brake out, or it's gonna breakdown from here. I'll be keeping a close eye on it next week. Have a great weekend everybody!