Damage Is Contained
The three major earnings reports that were issued prior to the open are being sold so far. In addition Europe is weak, China economic numbers missed and the University of Michigan Sentiment number was below expectations.
That it creating some pressure, but given all the negatives it is relatively contained. There isn't high volume or panic, but some of the recent bounce buyers are having second thoughts and the chasers, who were so active yesterday, have now backed off....153 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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