The Traderszone Network

Published in TZ Latest News 6 October, 2014 by The TZ Newswire Staff

SPY Follows Up on Reversal Day – Watching Breadth Closely

Stocks reversed course intraday on Thursday and followed this reversal with a gap-surge on Friday. The gains for the day were modest as the S&P 500 SPDR added 1.10% and the Russell 2000 iShares gained .75% on the day. Eight of the nine sector SPDRs were higher with healthcare, consumer discretionary, finance, industrials and consumer staples leading. The Home Construction iShares and the…