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PROPPING CONTINUES

|Includes:AA, BAC, BWX, CSX, DBA, DBB, DBC, EEM, EFA, EPI, EWA, EWJ, EWY, EWZ, FXI, GLD, IEF, INTC, IWM, IYR, IYT, KBE, LLTC, SPDR S&P MidCap 400 ETF (MDY), MOO, QQQ, RSX, SPY, TLT, USD, XLB, XLE, XLF, XLI, XLY, XME

PROPPING CONTINUES

These “prop jobs” are becoming a daily “in your face” activity plain for all to see; but more importantly, we’re basically long so why complain?

Alcoa’s earnings were a miss. That dragged down global equities fearful that economic growth via demand for materials would suffer. But, Alcoa always reports funky earnings numbers replete with write-downs and all manner of unique quarterly mumbo-jumbo.

For the most part, markets marked time waiting for results from Intel, Linear Tech and CSX Corp among others. After the bell, earnings from all three beat...READ MORE!

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Stocks: MDY, IWM, QQQ, USD, INTC, LLTC, IYT, CSX, XLB, AA, XLY, XLI, XLF, KBE, BAC, IYR, IEF, TLT, BWX, GLD, DBC, XLE, DBB, XME, DBA, MOO, EFA, EEM, EWJ, EWA, EWY, EWZ, RSX, EPI, FXI, SPY