Reply #46: I am looking at a 10am bounce. [View All]

[ozymandius]

Dow 10,531.10 +64.07 (+0.61%)
Nasdaq 2,086.06 +10.30 (+0.50%)
S&P 500 1,204.31 +6.80 (+0.57%)
10-Yr Bond 39.04 -0.58 (-1.46%)

NYSE Volume 257,330,000
Nasdaq Volume 280,428,000

10:00AM: Equities continue to climb in early trading, as all ten economic sectors trade in positive territory... Pacing the way higher has been the Materials sector while Energy, despite falling oil prices, has also benefited from continued weakness in the dollar... Interest-rate sensitive areas like Financial, Utilities, REITs and Homebuilding have also traded higher while strength in Drug and HMOs has helped Health Care post a strong gain... Technology has been strong across the board while Industrials and Consumer Discretionary have also been influential leaders to the upside... NYSE Adv/Dec 1758/738, Nasdaq Adv/Dec 1518/818

Also note how few shares have been traded.