Chasing Big-Caps
The early dip was bought and now market players are aggressively chasing big-cap names, especially Apple (AAPL).
Breadth is positive with only retailers and steel in the red. Gold has found some life and I'm focusing primarily on that group this morning. The yellow metal has been in a slight downtrend for a couple of weeks and I've been waiting for a countertrend move to kick in. With the Fed on deck, today seems a good day for that....107 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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