Tuesday left the bulls with three consecutive wins on increasing volume. After another round of bad economic data we saw the market holding support and moving up, then mid morning IBM announced a big buy back and they released their outlook for the year. A struggling tech sector got the shot in the arm it needed and gave the market a big boost. Big chip leadership is always a good thing for the market for broader participation. Gold rallied $7.70 to $948.20 an ounce and crude hitting on all cylinders closed up $1.67 to $100.90 a barrel. Bad data and high en[...]
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[Source: The Money Blogs]
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