The commodity as expected has gone bid this morning

S&P 500 (Dec 12) INTRADAY Review I mentioned on CNBC on Monday that investors should be prepared for positive and negative comments regarding the progress on a Fiscal Cliff deal and that this would inevitably create volatility. The 24 houras between Monday 19.00 and Tuesday 19.00GMT couldn’t have summed up this risk any better. Democrat Majority Leader in the Senate, Harry Reid, made negative comments on Monday night and this really drove the downtrend in the S&P throughout yesterday

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The commodity as expected has gone bid this morning