U.S. Markets had a good forty minutes before selling off throughout the day. If not for a final half-hour run-up, they wouldn't have finished in the black.
IWM up .47%, QQQQ up .39%, SPY up .16%, DIA up .07%
NYSE Breadth was 19 up for every 11 down. 162 issues made new 50-day highs.
Commodities led by Cocoa (NIB) up .68 to 52.41, GSG up .33 to 37.30.
Gold was led by individual components such as ABX up .11 to 53.88.
Energy in the spotlight as IMO up 1.39 to 53.17, UGA up .50 to 49.32, DBE up .46 to 30.83.
Nasdaq Big Cap led by AAPL up 2.81 to 352.12 as iPad 2 looks like a winner. PCLN up 3.95 to 449.18, AMZN up 2.58 to 172.02.
In pre-market, JOYG missed earnings estimates by 6%, stock dropped almost 3.27. Since earnings plays aren't working now, it means the tone for the short term has changed to avoid until we find some support level for the U.S. averages.
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