Monday, July 13, 2009

Early Action

AlphaNinja - Financial stocks leading the market higher this morning, with the indexes showing decent gains of over a percent each. Doesn't mean too much to be, as volume on the S&P500 tracking fund (SPY) is lighter than the 3month average for this point in the trading day. With earnings season under way, the single-stock movements will probably be more legitimate that the market as a whole.

Among losers, some disappointment with selling by existing shareholders...

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