By: Scott Redler
Stocks continue to build on yesterday’s positive reversal. Our 1,080-1,090 buyable zone held well with a low at 1,086. My “go to” stocks posted yesterday after the bell are helping to lead the way higher from the morning’s initial down move.
There is some small resistance at 1,112 and then big resistance at 1,119-1,1121. Looks like it will be a slow session today with it being the end of the month and yet another significant snow day in the Northeast.