The Wrap 2/21/12


The market had a whacky first hour today, then coiled until around 2PM when the sellers showed up. The market then caught some bids in the last 2o minutes of trading.

We tagged 13,000 today and the S&P almost tagged 1370.  The euro opened strong then faded and the dollar didn’t do much.

None of the names from last nights video triggered today, so we wait to see what Mr. Market dishes out tomorrow.

One sector of interest is the ag/fertilizer space as they cane alive today. I still like AGCO in that sector.

Have a great night and I will see you bright and early in the chat room.



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