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The Early View - Downside Bias, Goldman Sachs Beats, FedEx Warns

Good morning everyone - welcome to the second half of the trading week where we find stock futures showing a moderate downside bias…The S&Ps are trading five points below fair value…(Read More)

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Daily Wrap-up - Another Day of Gains

The day wasn’t nearly as exciting as yesterday but the broad market indices did still manage to add to yesterday’s rally… Earlier we saw the S&P 500 (SPX) was pulling back from its morning highs and that listless action continued into the close…(Read More)

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Midday Market Check - Off the Highs But Still Holding Gains

We head into the later part of the afternoon with an upside bias still place, though the market is drifting off its highs…The S&P 500 (SPX) popped at the bell and rallied for the first two hours of trading…(Read More)

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Cree, Inc. (CREE) Hits a New High and Options Are Active

Cree, Inc. (CREE), a stock that has been a rumored takeover target, is on the move today…(Read More)

Investors Intelligence

The weekly figures from Investors Intelligence are out…The percent bullish came in at 53.9 (versus 48.3 last week) while the percent bearish registered 27.0 (versus 31.0 last week)…You can find the Investors Intelligence chart and recent data here……(Read More)

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At the Open - Buying Demand Carries Through

The opening bell has rung and here is what I see…Pre-open stock futures suggested gains and that is what we see in the early going of the regular session…(Read More)

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