Solid Chain Store Sales Numbers
Airtime: Thurs. Oct. 7 2010 | 9:07 AM ET
Investors are also watching those retail chain store sales numbers coming in, with CNBC’s Jane Wells.
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It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.
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