Tuesday's Market: 86% of Stocks Up in S&P 500, While Only Financials Declined

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Includes: SPY, XLF
by: Andrew Horowitz

Interesting that after a day that the financials took the news of the $26 billion of Dubai restructuring as good news, they are selling off into a strong market. Does it say anything? Probably not…

Either way, it is interesting to note that only a few days after a 97% down day for the S&P 500 on higher volume, we are seeing such a quick snap back.

WEI Pie 20091201

WEI Table 20091201

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Disclosure: Horowitz & Company clients may hold positions of securities mentioned as of the date published.