The Growth Stock Report

The commentary here is for active traders. Our analysis uses a combination of fundamental and technical properties used by hedge funds and institutional money managers.

Wednesday, October 10, 2007

Intact, Trend Up

The Broader market remains firmly "trend-up." Tuesday's accumulation is a clear supporting factor, as is the market's mild reaction to the traditional "earnings jitters" we often see before the reports start flowing in. Perhaps our strongest sign that the rally is intact is the absent public hype over new highs in the indexes.