NOTE: Please click on the charts below to enlarge them if they do not appear clearly.A positive reaction to the quarterly earnings report of semiconductor giant Intel Corp. sparked a broad-based rally yesterday, enabling all the major indices to zoom back above their 50-day moving averages. Stocks gapped substantially higher on the open, then built on their gains throughout the entire session. The Nasdaq Composite raced 2.8% higher, the S&P 500 2.3%, and the Dow Jones Industrial Average 2.1%. The small-cap Russell 2000 and S&P Midcap 400 rallied 3.1% and 2.9% res[...]
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[Source: The Money Blogs]
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