Investors based on their lack luster buying yesterday probably would have been happier to see evidence that the economy is indeed slowing. S and P Futures no change.
First lets examine the BULLish side.
The FLAG pattern is very rare, but has happened in the past and it has indicated that a big rally bust out could be upcoming. They are also quick to point out that the economy isn't slowing down based on gas prices and consumer confidence both being at almost record highs. The Question then is this. It has news today that Toshiba will use its technology. This stock is coming off a 4 for 1 split taking place just yesterday.