26Feb12:59 pmEST

Quality Control Friday at the Office

After filling the opening gap on the S&P 500 Index, stocks meandered through the morning and are trying to wake up again as we speak.

Some issues like CMG MCD SBUX are lagging, as are emerging markets, while financials and biotech catch a bid. 

The action below the surface is fairly muted, and not yet some type of broad-based vicious short squeeze which many had expected, though that may materialize later today if bears throw in the towel before the weekend. 

One idea into the afternoon is BBRY, spiking up with the help of an upgrade. The 10-minute chart shows a high and tight bull flag consolidation. Another push over $7.58 now could give some fast action on a fairly slow day. 

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