Indexes Hang On

S&P 500 April 8th, 2013

Modest upside on light volume Monday isn’t much to write about. 

Let’s see what kind of trend earnings season will give us. Stocks that stay strong on bad news are telling us they’re really strong. Stocks that sell on good news are giving away real weakness. 

We’re holding our short-term pullback/correction bias, though remain bullish for the intermediate term