Liking the Look of Some of These Pullbacks

Optimism about the health care vote that is scheduled for this afternoon didn't last long. That probably is more a function of overall worries about the market than this bill. The market has not been acting as healthy lately, so when there was an opportunity to sell into a gap-up open, quite a few traders took the opportunity to do so.

Breadth is running poorly again, with about 2,700 gainers to 3,400 decliners. The Nasdaq 100 Powershares QQQ ETF (QQQ) , which was the standout performer, is now the laggard as Tesla (TSLA)  and Facebook (FB)  take hits following their earnings. The big-cap names that were covering up underlying weakness are no longer doing a very good job....226 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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