A Slow-Motion Breakout

It will be fairly quiet after the bell today, but since Johnson & Johnson (JNJ), Coca-Cola (KO) and Goldman Sachs (GS) will all be reporting before the open tomorrow, perhaps things will get a little more exciting from that point forward for the rest of the week. We didn't quite get the gap up today, but the action has been similar to other middays in the past few weeks. We see a very tight range with just a slow and steady drift higher. Either sellers cannot get any traction or there is a simple lack of selling. 

The scariest thing for the bears right now has to be this lack of selling. Flat days feel like down days. And that's not even flat for the whole day, but flat for everything but the first and last few minutes when equities seem to be pushing higher....289 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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