The Machines Kick In

The choppy and chaotic action continues this morning, but with a negative bias. The market has bounced well off the early lows but breadth is still almost 2-to-1 negative. Financials are green and the buyers continue to push, which is starting to cause squeeze action. Once again, it looks like the machines have kicked into gear in a buying loop.

I'm trying to stay focused on trades in individual stocks rather than betting on the indices, but this jerky action is not making it easy. Xinyuan Real Estate (XIN), which has been one of my favorites this week, continues to run up, and I'm watching a few thin plays like Opko Health (OPK) and Biolase (BIOL)....77 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.