Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.01

0.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (49087)	1/22/2013 2:33:31 PM
From: Johnny Canuck	Read Replies (1) of 70682

All indices setting new highs except the COMPQ which continues to lag. The big concern right now is the lack of volume. It may just be due to traders returning late from the long weekend, but volume needs to pick up tomorrow. The rally is across all sectors. Even the oil sector looks like it might test and new high after being a laggard the last few months. The problem with such as broad based rally is where does the money go next and there are no sectors to rotate into. COMPQ short term direction will be determined by AAPL earnings on Wednesday and indirectly to IBM earnings after the close today.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next