Gap-and-Sit Action
It has been one of those gap-and-sit days, where all the gains come near the open and then the market holds steady without any real pullbacks. That is a sign that market players are hungry for long exposure and aren't even waiting for dips to jump in.
LinkedIn (LNKD) has been trending up all day and Apple (AAPL) has moved up nicely as well. Breadth is solid and there is no noticeable selling pressure. The bears will say that the bulls are too complacent and doom is unlikely to ensue, but given how well they have timed this market recently, they are more comic relief than serious guidance....70 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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