Be careful not to chase overextened stocks, though these names can be safe to pick up sparingly.
New long positions can sour quickly -- but so can shorts.
The worst thing the market could do here would be another rally without proper consolidation.
We've only seen two high-volume declines on the S&P -- though the dollar index remains an area of concern.
On fresh earnings results, can Panera and Chipotle reheat stale market interest?
| Feb 05, 2013
| 11:36 AM EST
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No bounce so far in market after yesterday's big decline. Crude continues to fall as WTI now under $90 a barr...
This morning's Trader Daily breaks down why specifically I believe the 1929.75 -- 1933 area is an important ar...
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