Be Patient and Hold Your Fire
Apple (AAPL) and Google (GOOG) are helping to cover it up to some degree, but it is a very tired market this morning, and buyers just aren't very interested. There isn't any major rush for the exits, but there isn't any compelling reason to rush in and buy either. The end result is that we are drifting lower, and there isn't much dip-buying interest so far.
Frankly, it is probably a good time to take a break and let things develop. I added back some Direxion Daily Small-Cap Bear 3X Shares (TZA) this morning and sold down some longs. I'd love to be more aggressive with some trades, but this environment is so dead at the moment, I'd have to force things....62 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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