Wednesday started strong and had a little fall mid day, but snapped right back to close just off the highs across the broader markets. Volume was very high today leaving accumulation days for the NYSE and Nasdaq. Crude closed down 27 cents at $72.15 a barrel and gold up $4.00 on the day to close at $686.30 an ounce. Going into Thursday early economic data will help set the tone. Earnings for the rest of the week are lighter, but still flowing out. Early I will look for some retracement, that end of day race off the lows was a little overdone and [...]
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[Source: The Money Blogs]
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