A Lackluster Performance
The bulls will call it a victory because they managed slight positive action despite the European elections. The bears will call it an anemic oversold bounce that did nothing to change the negative technical picture that has been developing.
Breadth was positive with about 3000 gainers to 2500 losers, but volume was light and we closed poorly. Apple (AAPL) finally managed to bounce a few points, but you'd be hard pressed to find any real momentum in this market other than a couple of special situations like Vertex Pharmaceuticals (VRTX)....177 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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.
