Early Momentum Fizzles Again

It is Groundhog Day. Once again, some minor early strength fizzles out, and there is no energy in the market. The market's biggest problem lately is that it can't generate any sustained momentum, and nothing has changed so far this morning.

We do have positive breadth, with about 3,000 advancers to 2,000 decliners, but the continued lack of leadership and momentum is the biggest obstacle to traders who are hungry for year-end action. Apple (AAPL) is up a bit, but other big-cap momentum names are doing nothing. Weakness in oil and banks is offsetting a bit of a bounce in technology....148 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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