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Market Hangs Near Highs in Very Quiet Session
By: Minyanville Headlines
Posted on February 11, 2013 at 17:45 PM EST
Major US indices all finished narrowly negative Monday in a very quiet session. Volume in the S&P 500 ETF (NYSE:SPY) was the lowest for a full-day session since August 15th. The uptrend remains firmly intact but some choppy action over the last week and low volume is causing some traders to be more cautious. Apple's (NASDAQ:AAPL) resurgence continues albeit without a real igniting bar back to the upside. Since David Einhorn announced he was suing in an attempt to get AAPL to return cash to shareholders the stock has been in a grind higher to enter its earnings gap. ...
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