Buyers Embracing Earnings Reports

We stumbled after a gap-up open, but the dip-buyers decided to go to work and then had us up nicely for the rest of the day. So often we seem to suck in money that is sitting on the sidelines because of fear of being left out of another quick recovery. If you have been following this market closely over the last few years, you know that you can't underestimate the ability of a feeble-looking bounce to just keep on running.

What is helping the market right now is that after a rocky start, buyers are starting to embrace earnings. Caterpillar (CAT), for example, was trading in negative territory after its report but caught fire as it moved into the green. Google (GOOG) looked like it was going to see some profit-taking after the big move Friday, but it found its footing, and the momentum continued....1164 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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