I’m not trusting it, especially with the yield creeping up again this morning. I’m still hoping for a test of the lows before there is a good buy setup, but hope doesn’t pay the bills. It is a traders market right now and you are either quick or dead.
The stock on
WALLSTRIP this morning is GSI Commerce (GSIC). The longer term chart shows a nice breakout with room to run but I would only buy it on strength, details in video below.