Oddly Spotty Action

This is a trickier day than it looks. With mortgage rates at 4.5% (which would have been a to-die-for rate at one time -- as opposed to the 3% rate of a couple of weeks ago, housing -- and everything that goes into it -- is despised as a theme. That's despite a huge relief rally in bonds.

But the drugs are loved, loved, loved, even as nothing has happened, and the biotechs are on fire again. You know what? That smacks of a mark-up to me, particularly because the ones that are up the most today have been up the most all year....214 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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