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SELECT STOCKS BOOST MARKETS

|Includes: BA, CVX, DBA, DBB, DJP-OLD, EEM, EFA, EGPT, EPI, EWJ, EWY, EWZ, FCG, FXE, FXI, FXY, GAZ, GLD, IBM, IWM, IYR, IYT, MMM, RSX, SLV, SLX, SPDR S&P 500 Trust ETF (SPY), TLT, TUR, UTX, XHB, XLB, XLE, XLF, XLI, XME, XRT

As you must know, many major indices are price weighted and the DJIA takes the lead in this regard. Six of the highest priced stocks Wednesday (IBM, BA, CAT, DVX, MMM & UTX) provided most of the gains. Stocks were lower most of the morning, but volume seemed light, offering an opportunity for buyers to push prices higher. The theme for bulls was reconstruction in Japan even though EWJ (iShares Japan ETF) finished the day slightly lower. ETFs like XLB (SPDR Materials Sector ETF), SLX (Van Eck Steel ETF) and XME (SPDR Metals & Miners) have the "stuff" needed for reconstruction...READ MORE


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