Morning Es Trading
Tuesday's Market Review
The talk of the town continues to be Dell's (DELL) leveraged buyout and Apple's (AAPL) sub-$500 pricing, but perhaps traders are focusing their attention in the wrong direction. Consider for a moment that the E-mini S&P 500 futures continue to attract dip-buyers, most recently against the 10-day simple moving average. At the same time, financial stocks are attracting bullish attention on an almost daily basis, and Tuesday's retail-sales data indicates that reports of the U.S. consumer's death are more than a little overblown. Simply put, the bulls still have an ironclad grip on this market....630 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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