The end of month and end of quarter window dressing has run its course, and we are left with a rather dull market. Indeed, the dishes are done, man. We know by now that the solars have had a nice little move, and what we are trying to discern now is the staying power. Are these only good for swinging a few days? Or, are they multi-week or even multi-month power moves?
Inside The PPT, here are the current readings of solar names in which the proprietary algorithm is detecting significant accumulation, or heavy buying by institutions. If, in fact, the solars are poised for a significant move higher, then you can be sure that the big boys will need to be involved for that move to prove sustainable.
Double-click below for larger view
