I Like What I'm Seeing Here
The S&P 500 flashed a sign of strength Thursday with its 1.4% gain in higher volume. The benchmark index underperformed the Nasdaq Composite that day. Still, the S&P's price action was more compelling because the bogey confirmed a new market uptrend -- 11 trading days into a rally attempt that started April 11.
This could mark the start of another meaningful leg up for the market, or the move may have simply flagged a short-term tradable rally -- or it may not amount to anything. A follow-through day would be investors' cue to wade back into the market and try one or two new buys on for size....610 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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