A Market at Rest
We have a little consolidating action this morning, but impatient dip-buyers are already jumping in. Early weakness again proves to be a buy, and now we are seeing an almost automatic response since it has worked so consistently.
Despite the bounce, there isn't a lot of life. Breadth is negative and we have gold leading, but there are interesting pockets of momentum in groups such as homebuilders, solar energy and junk China names. Traders are looking for action and, with little major news flow, they are creating movement in places....150 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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