There will be no Stock Market Summary today.
Yesterday's market action was neutral.
The Nasdaq Composite edged up 0.15% in heavy volume (Point A). Just like the previous day, with the gain being small and volume being inflated, it tells me that the bulls and bears are fighting it out for control of market direction and that we could be at a turning point. It was also good to see the Nasdaq find support for a third day in a row at its 200 day moving average (Point B).
Tags: Stock Market Summary
