Gappers of note:
SHW gapping to the upside off of tight action.
Others: CSX, SCSS, AXP, BX, FL.
To the downside…URI,WR,PLXS, PM….TRV and VZ small gaps to the downside for 2 Dow stocks.
Futures remain up nicely. One of the se days, the strong open will hold but leave no doubt, we are in the midst of range-bound action. Nothing wrong with range-bound action after a move to the upside but as stated, there has been a few areas going bye-bye technically. The good news is there are still a good amount of growth names that are doing nothing more than sitting tight. Sitting tight is a good thing after a move up. We just await to see if another move to the upside is in the offing.