* Tracking the Rally - We swung to really positive momentum on Tuesday, with my stair out of Demand at 202 together with Supply at 13. This agency that well-nigh xvi stocks unopen inwards a higher house their volatility envelopes for every 1 that unopen below. Such extreme readings unremarkably Pb to follow through on the upside on a short-term basis. New 20-day highs across the NYSE, AMEX, together with NASDAQ expanded to 479; novel xx 24-hour interval lows dropped to 943. My Technical Strength stair out showed tendency shifts across many of the xl stocks that I rail across 8 SPX sectors. Specifically, we're right away seeing 21 stocks inwards uptrends, seven neutral, together with 12 inwards downtrends. We're right away seeing 53% of SPX stocks trading inwards a higher house their 20-day moving averages, upward from merely 17% on Monday. Following relative forcefulness together with weakness with the fiscal issues has worked well. If this rally is for real, nosotros should run across follow-through buying inwards this sector.
* Themes for This Market - Abnormal Returns tracks a number of electrical current themes, including the prospects for investment banks together with hedge funds together with a await at a possible unwinding of a Cathay bubble. See too the T-bills together with aureate theme followed past times Maoxian.
* Prospects for the Rally - Trader Mike notes the lack of follow-through inwards recent rallies together with sees the l 24-hour interval MA equally the side past times side exam for the market.
* An Options Strategy for Gold - Daily Options Report explains their aureate strategy together with offers an observation on the BSC affair.
* Great News Summary - Between the Hedges tracks the headlines together with notes greater confidence inwards the credit markets.
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