The market bounced back from its early lows this morning, after oil peaked early and faded as the day wore on.After briefly touching $139 early this morning, oil reversed all of its gains and closed below $134. That’s pretty bearish action, although follow through is key. We have yet to see anything that can knock oil down for more than a day or two.Tech stocks led the way today, after RIMM rallied big time, GOOG finished positive, and AAPL reversed its early declines to close just shy of $177. The smartphone plays cont[...]
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[Source: The Money Blogs]
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