Good Jobs Report And New China Stance Bring Aggressive Stock Buying, But Apple And Amazon Disappoint

To gain an edge, this is what you need to know today.Aggressive Stock BuyingPlease click here for an enlarged chart of SPDR S&P 500 ETF Trust SPY which represents the benchmark stock market index S&P 500 (SPX).Note the following:The chart shows the stock market has approached the top band of resistance zone 2.RSI on the chart indicates that the market is extremely overbought.  Overbought markets tend to pullback.The chart shows that during the rally, volume has not been heavy.  This indicates lack of convic ...