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BULLS TRY TO STEM LOSSES

|Includes:AAPL, AMZN, DBA, SPDR Dow Jones Industrial Average ETF (DIA), EEM, EFA, EPI, EWA, EWC, EWG, EWJ, EWM, EWP, EWY, EWZ, FDN, FXB, FXE, FXI, GDX, GLD, IEF, IEV, IGV, ITB, IWM, IYR, JJC, JJG, KBE, MBB, MOO, MSFT, QQQ, RSX, SLV, UGA, USO, UUP, WMT, XLE, XLF, XLY

The French election results were fairly priced-in to markets last week. Sarkozy leaves and the previous "Merkozy Pact" remains in doubt. Greece on the other hand is a mess and another election will most likely be forthcoming. On the plus side German Factory Orders increased 2.2% well above expectations. On the downside Spain's Industrial Output dropped 7.5% and bank bailouts are underway. The silver lining is banks (NYSEARCA:XLF) in the U.S. rallied as they'll be the beneficiary of more bailouts.

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Stocks: DIA, IWM, QQQ, AAPL, WMT, AMZN, FDN, MSFT, IGV, XLY, KBE, XLF, ITB, IYR, IEF, MBB, UUP, FXE, FXB, GLD, GDX, SLV, JJC, USO, UGA, XLE, DBA, JJG, MOO, EFA, IEV, EEM, EWJ, EWA, EWY, EWM, EWG, EWP, EWC, EWZ, RSX, EPI, FXI