Off the Charts
Stocks rose today on positive economic data from the weekly jobless claims and housing report number. The S&P 500 closed the day up 0.43%. The market got hit off at the open, but rebounded after finding support at the 10-day moving average, which has been holding this market. The market has been in a tight range this week as it digests and consolidates in front of the 2011 high. Continue managing positions and rotating through sectors as the action has been in individual stocks.SPY Source: eSignal View Chart » View in New Window »
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