Gap Up and Sit
Though the market has ticked up a bit more since the open, it's one of those gap-up-and-sit days. There has been very little intraday action after the first hour of trading and most stocks are holding up and treading water.
Breadth has slipped slightly but is still running better than 5-to-1 positive with all sectors green. Volume isn't anything special, which isn't what you want to see technically, but low-volume bounces have not been that much of a negative in recent years....165 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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