A Mishmash of Action
We have "Don't short a dull market" action early on. It looks like too many folks were ready for weaker action but the dip-buyers have stepped up again, and that is creating a squeeze. It isn't wild buying, but Apple (AAPL) is leading the upside charge, and the recent initial public offerings are staying hot.
The bears' biggest problem is that sentiment is already sedate. Despite the recent IPO frenzy, buyers have not embraced this market as you'd expect when we had the sort of run we had in the first quarter. It seems like too many have been fighting the action. When they do get more comfortable that we may finally see more selling, it doesn't last for long....127 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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