Stocks inched up, driven by gains in energy companies and as concerns stemming from the Turkish military shooting down a Russian plane along the Syrian border subsided. After initially falling as much as 109 points, stocks turned higher as energy stocks rallied.
Breadth was decent today and it was nice that the bulls stepped up and bought the dip. Volume is very low as expected. The bears had their shot to make a stand today but failed miserably. They just couldn’t press it lower.
I’ve been watching JUNO for weeks now and I am adding it to the P&L if it can break above the 56.50 level.