Two Picks for the Next Dip

Equities got treated to a rare bout of volatility in Wednesday's trading. The Dow Jones Industrial Average rose more than 150 points early in the day, only to reverse itself to post an 80-point loss by the end of trading. It was the first time the Dow has been up over 150 points and ended the day down since March 2009.

Regular readers of my columns and Columnist Conversation posts know that I have been growing increasingly skeptical about the market rally over the last month or two. I have many of the same concerns as Doug Kass, as I believe the Fed is "pushing on a string," and the rally has consisted mostly of multiple expansion instead of being driven by earnings and revenue growth....380 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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