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You never really want to argue with the price action of the market, and today looks like a strong day on the surface. But the volume behind the move is really low, which makes me more cautious in that there seems to be little conviction behind today's rally.

As for the sentiment indicators, they are flashing more signs of slight complacency lately, or at least a lessening of bearishness.

• The ARMS Index is below average today at 0.79;
• The CBOE put/call is slightly low at 0.83
• The ISEE is about average at 0.83
• And the VIX is plunging -7.2%, and nearing its lowest levels of the year

Here are some stocks making strong moves today on above-average volume:

• GEOI, ERES, TRLG, EXM, VISN, SINA, SOHU, ABV, NVEC, RIMM, GENC, CRYP, IMCL, OMG, AIG, V, ATVI, CLR

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