The Beat Goes On
The slow, steady push higher continues. The biggest positive is the big supply of folks kicking themselves for trying to call a turn and not being bullish enough. It is easy to understand the inclination to look for this market to top out, but this action will wear down even the most confident bears after a while.
We have very good breadth in the early going with 3500 gainers to 1500 decliners. Solar energy is leading again and I'm still puzzled about what is driving that group recently. Chips, steel, oil and retail are all doing well, while small-caps continue to outperform in general. Gold remains the worst of the sectors....86 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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