Spotlight Stays on Largest Names
The recovery in equity prices that started in June continued Wednesday as the market pushed towards the July highs. The strength in the market indexes is encouraging, but the strength is narrow in nature.
We have seen some bullish energy enter the more speculative area of the market, but it's been inconsistent at best. Where we see steady bullish pressure is in the large-cap dividend-paying names. Traders remain cautious and when they're putting money to work in equities they're not straying far from the safe haven areas of the market....357 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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