Friday, November 25, 2011

Don't give it much weight

Nice 10 point+ push up here in the first 40 minutes

Tough to fade this with light volume, and breadth is strong + almost 1600

Gold, Silver and Oil are also trading higher, but nothing big yet.

Banks and Brokers dong ok, but more of an oversold bounce than anything. Check out the moves in GS and BAC

AMZN not participating here, and AAPL is barely making a dent

As I said in the videos, you can't put much weight in what happens on a day like today, the pros are taking 4 day weekends, this is a light volume, oversold lift.

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