Major averages were flat to slightly up on unimpressive volume almost matching the prior day's volume. The NASDAQ Composite and S&P 500 are flirting with old highs once again, yet proper actionable buy points remain scant.
Furniture retailer SCSS had a pocket pivot on a strong earnings report. Earnings and sales are accelerating, group rank 40. This is a thinner name.
Cloud security company QLYS gapped up on earnings news on Tuesday, and yesterday, pulled back on lighter volume. While it too is a thinner name, earnings are strongly accelerating, institutional sponsorship has grown last 4 quarters, group rank 9.
Keep in mind the market has not shown itself to be on any firm trend as of yet though is flirting with psychologically important levels.
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