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Friday, 03/23/2012 11:31:02 AM

Friday, March 23, 2012 11:31:02 AM

Post# of 784
Three Stocks Now Control The Entire Market


As you all know, the trading volume has been very light since late December 2011. Light trading volume will generally favor the upside action in the stock market. For years now, the volume has been extremely light when the market indexes trade higher. The heavy volume comes when the selling begins. Everyone should remember the old market adage that states, never short a dull market (light volume). In this light volume trading environment there are three stocks that are controlling the entire stock market. These stocks are J.P. Morgan Chase & Co (NYSE:JPM), Apple Inc (NASDAQ:AAPL), and Exxon Mobil Corp (NYSE:XOM). Sure, there are other important market leaders such as Goldman Sachs Group Inc (NYSE:GS), Amazon.com Inc (NASDAQ:AMZN), and Google Inc (NASDAQ:GOOG), however, they are not carrying the same weight as the first three stocks mentioned. ...Continue reading here: http://bit.ly/GRFyJO

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