Gap will be used to flush out more of the canaries IMTO
Broker-Dealers Move:
11:25AM Sector Watch: Broker/Dealer -XBD- posts solid gain : -- Technical -- The sector index (XBD 118.22, +1.5%) has been a top performing group today (along with retail +2% and telecom +1.3%). Helping to pace the way higher thus far are: MWD +2.4%, JEF +2%, LEH +1.8%, AMTD +1.8%.
Canaries Electroshocked:
10:20AM Strong/Weak Groups : Strong Groups: Internet Software/Services +4.7%, Internet Retail +3.6%, Dept Stores +3.2%, Integrated Telecom +2.9%, Home Improvement +2.1%, Biotech +1.7%...