Back to Europe
The postmortem of the health care ruling is going to continue for a while, but what is clear is that the market isn't thrilled with the results. Ultimately, health care will be an election issue, so I don't expect the market to dwell on it for too long. The focus is going to shift back to Europe very quickly, which might not be such a good thing.
So far, the European Union summit isn't yielding anything to excite the market and it is slowly churning lower. Breadth is poor as it approaches 3-to-1 negative. All major sectors are red as gold, banks and chips perform the worst. Even biotechnology, which has been a safe have lately, is seeing pressure....104 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.