Tuesday, January 05, 2010

Stock Market Commentary: Consolidate

Yesterday's gains held as markets stuck to their bullish guns. In the end there was little to say about today other than there was no reversal triggered by bears (who must still be in hibernation)


Breakout held for the Russell 2000


Semiconductors stalled, but in combination with small caps are leading the way higher.


As long as small caps and semis are prepared to do the leg work then bulls hold a considerable edge.


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