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The Dow is bizarre and schizophrenic.
That was the word from the "Fast Money" gang Wednesday, after the stock market experienced wild volatility, with the Dow dropping 79 points and then rallying back 150 at the close. Pete Najarian highlighted the put-to-call ratio on the Financial Select Sector SPDR(XLF Quote), which tells him there are no bottom fishers in the financials.
Word on The Street
Najarian saw strength in names such as United Technologies(UTX Quote), Boeing (BA Quote) and Johnson & Johnson (JNJ Quote). He also likes tech names Juniper(JNPR Quote) and Cisco Systems (CSCO Quote), which closed near their day's high. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
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UP
30.69
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UP
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UP
6.87
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