Off the Charts
It was a fairly uneventful day in the market as stocks rested after yesterday's powerful breakout. The Dow did close at new all-time highs again today as it gained 0.30% while the S&P (SPY) tacked on gains of 0.11%.
The S&P is showing commitment to yesterday's breakout as it holds above 1530 but upward momentum was lacking in today's session. The leading stocks rested today while some laggard stocks caught a bid. The Gold Miners ETF (GDX) saw a reversal on heavy volume and closed the day on highs, and stocks like Freeport-McMoran (FCX) and Research in Motion (BBRY) also traded higher....452 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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