The stock market has been stuck in neutral territory, but Mark Newton, Chief Market Technician at Greywolf Equities sees a heartbeat in the materials sector. Alcoa and Dow Chemicals helped to boost prices as they reported earnings even though Newton hasn’t seen the same performance on the commodity side. Newton sees the same price action in gold miners, with that group making a turnaround even as gold remains under pressure and has been for some time. TheStreet’s Debra Borchardt reports from the NYSE.
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