MORNING MARKET COMMENTARYfor Monday, April 28, 2008Major Averages Close Above Resistance For Second Consecutive Week - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC)The major averages ended mixed after US consumer confidence plunged to a 26-year low on Friday. Volume, an important indicator of institutional demand, was lighter than the prior session. Advancers led decliners by about a 3-to-2 ratio on the NYSE and by nearly 16-to-13 on the Nasdaq exch[...]
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[Source: The Money Blogs]
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