It Keeps You Runnin'
After a couple of days of consolidation, buyers are active again. Underlying support has been clear as the market has bounced back and closed well after early selling. This morning, the buyers didn't wait for a dip before jumping in. One of the toughest things for many traders the last few years is that uptrends don't often have much pullback. If you aren't fast, you don't have much chance to load up.
Breadth is solid and approaching 2 to 1 positive. Homebuilders and regional banks are leading, and there's speculative interest in the solar energy group again. Solar has been a go-to group for aggressive traders lately, and we have leadership from JA Solar (JASO), JinkoSolar (JKS) and Canadian Solar (CSIQ), among others....135 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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