Small-Cap State of Mind
It is very slow going this morning. Apple's (AAPL) poor earnings have hurt the mood, but the bears can't get too comfortable with the potential for another "Europe Is Saved!" headline at any moment. Market players don't even question the legitimacy of European rumors before the buy, since the moves are so fast and so big.
We are finding better support about an hour into trading. Breadth is running about 2300 gainers to 2500 decliners and banks are leading once again. Gold, steel, retail and tech are lagging....99 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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