Market Presents Traders With 2 Big Challenges

The indices, with the exception of the Nasdaq-100 ETF (QQQ) , are lingering around the highs of the day, but this market action is deceptively difficult to trade. This is not a market where you can just throw money at the action and feel confident that the momentum will bail you out.

Breadth is very good at around 4,200 gainers to 2,400 decliners and there are over 600 stocks hitting new 12-month highs today, but what is leading today is different than what was leading yesterday. Yesterday some of the semiconductors, biotechnology and big-cap names were leading. Today it's more financials and a smattering of other things, such as China-related stocks and oil services....130 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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