Market players were excited by good news from Apple (AAPL) this morning, but it fizzled quickly. That the very bullish Piper Jaffray analyst Gene Munster cut his target on the stock is making the bears smile, even though Munster still expects AAPL to hit $875.
The quick reverse in Apple has tainted the action and weakness in small-caps for the first time in a while is adding to the pressure. Breadth is slightly positive, but what is most notable is that pockets of momentum have dried up. There isn't much aggressive action....125 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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