A Stock Starring in a Movie

This market is just like a Hollywood movie. As soon as you're convinced that the protagonist is about to meet his demise, the hero makes a spectacular escape.

Once the S&P 500 broke major support at 1770 on heavy volume on Tuesday, it would have been easy to count this market out. It managed instead to claw its way back to just above 1770 over the next two sessions. Then, on Friday morning, the second consecutive weak reading on non-farm payrolls sent futures tumbling. After reflecting on the jobs numbers -- which weren't as bad as they initially seemed --the market opened green and then climbed steadily throughout the day....350 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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