A Market for Flipping
The action isn't bad, but it is very slow and there isn't much trading. Breadth has slowly improved and there's leadership from semiconductors, but price action is mostly slow and random.
The good news is that the action is productive. This sort of consolidation is needed to set the stage for the next move. The ideal scenario would be further consolidation and maybe a bit of downside while the fiscal cliff debate continues, then a rally that turns into an uptrend when a deal is eventually made....92 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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