Champing at the Bit

Market players have set aside fiscal cliff concerns this morning and are optimistic that the Fed may do something market-friendly tomorrow. Market players may be anxious to jump ahead of that news.

Breadth is very strong at about 3650 gainers to 1300 losers. Biotechnology, chips and oil are doing well while precious metals are the primary laggard. What is really helping the action today is better action in Apple (AAPL) and aggressive in buying in AIG (AIG) now that the government has dumped the last of its bailout stake....140 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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