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February 07, 2013 at 09:48 AM EST
Minyanville's T3 Morning Market Call: Market Continues Assault on Highs
Stock futures now point to a flat open Thursday morning after yesterday's inside day. We had manic price action to start the week that left traders scratching their heads but in the end it appears that the trend remains firmly intact. Yesterday morning following a small gap down the S&P 500 ETF (NYSEARCA:SPY) pinged the 8-day moving average before turning higher. Overall though it remains hard to put on a lot of new core trades at these levels but if you take a stock-specific approaches there are some compelling setups that remain. The financial sector continues to lead the ...
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