Another Weak Monday

The streak of weak Mondays continues. It is a sloppy morning of selling so far, but there are some signs of dip-buying and breadth is only slightly negative. Banks are exhibiting some relative strength and Apple (AAPL) is off its early lows, but there is a good dose of profiting-taking as well.

For months, the market has done a nice job of shaking off this sort of selling pressure. The bears have been incapable of building any downside momentum, which has given the dip-buyers confidence. Once there's a bounce, the bears almost immediately capitulate and the market starts running higher as short covering kicks in and the underinvested bulls start chase....137 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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