U.S. equities have pared half their gains after being up as much as 80 and change on the DOW.
The NASDAQ is being dragged down by $AAPL which is down roughly 12% today.
Retailers have sprung back today after the sector took a drudging yesterday due to poor earnings out of $COH.
Transports are currently fighting with retailers in leading the market higher.
Oil inventories came in slightly below expectations, but a build in supplies none the less. WTI is currently up $0.89.
Gold is getting hammered for $19 sticks with other metals are weak as well.
Given good jobless claims and PMI data i would be surprised if we did not close at the highs or more of the day.
Finally the Yen and the Euro are trading higher against the dollar.
[youtube://http://www.youtube.com/watch?v=LerOXe4R2lM 450 300]
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