Stocks Advance in Heavier Trade; AAPL Gains
http://www.bigwavetrading.net –
Federal Reserve’s beige book showed deceleration in 5 of 12 regions tripping up stocks mid-day
The market notches an accumulation day with volume jumping higher than Tuesday’s depressed levels. It was important to see a day of accumulation for this market since last week’s follow-through day. Stocks ran into a bit of resistance prior to the release of the Federal Reserve’s Beige book. However, the market was able to rebound from the initial selling and close above the mid-point of the session. A true sign of strength is for the market to be able to rebound after a bout o
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