BALTIMORE (Stockpickr) -- Yesterday was a nasty little reminder that Europe is still grabbing headlines, whether investors like it or not.
The S&P 500 shed 1.43% in Wednesday's session, almost making its way down to match the two biggest down days of 2012 set earlier this year. It's not that the broad market is writhing right now -- instead, stocks are actually looking fairly strong from both a fundamental and technical standpoint after the month-long correction that we've been in. (For a global macro look at why, check out "5 Charts Every Investor Needs to See.") Zoom out a bit and it's clear that we're still bouncing off of support.
But the bounce isn't benefitting everyone right now.
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