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.


Dr. Declan Fallon, Senior Market Technician, Zignals.com. November 2009 has seen a significant upgrade and is on course to becoming the eBay of finance with our new Beta MarketPlace and a new rich internet application for finance, the Zignals Dashboard. Zignals now has new fundamental stock alerts, stock charts for Indian, Australian, Frankfurt and soon Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active fundamental system stock screener and trading system builder. New Forex and Index data.

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