SPY and DIA are red this morning but SMH is showing a nice gain after yesterday’s telltale rally. Any trader worth his salt knows that volume is largest at the open and closing hour and that’s when checking the “volume buzz” metric is most useful. And…today we see DBC(crude futures) and XLE continuing to lead the pack down followed closely by GDX and GLD. Also note the buzz on SMH to the plus side as traders hop on the gravvy train.
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