Tuesday, August 14, 2012

Slow upward grind

The markets are grinding higher everyday since the big move on 08/03.  More like consolidating the gains. The large caps are clearly outperforming small caps.  Two notable big cap stocks making a move are AAPL and GOOG.  The market breadth numbers I track are gradually improving.  I would have like to see big buying move the market instead of a melt up kind of move.  As long as there is music we continue to dance.

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