The Picture Remains Cloudy
The market did a couple of bullish things today. It ignored bad news and finished strong, and it shrugged off a poor housing report, weak consumer sentiment news and a Spanish debt downgrade to move near the morning highs.
Volume was light, which is no surprise after a holiday weekend, but breadth was very strong with nearly three gainers for every decliner. Steel, oil and chips did well while precious metals and biotechnology lagged....126 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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