Tuesday, November 29, 2011

The Day After the Rally

I don't like to see the Dow leading and the Nasdaq in the red. To me, this indicates risk avoidance and a desire of investors to be in the highly liquid, dividend paying, large caps of the Dow.

The Nasdaq leads the market.

Of course, today's moves aren't that dramatic. And maybe it's healthy to consolidate yesterday's gains before moving higher.

Still have almost three hours to go today. And this is still a jumpy market. We have seen lots of mid-day news releases send stocks in one direction or the other.

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