S&P 500 up 16 points in early trading

The S&P 500 has climbed steadily since the open and is up 16 points to 1891, roughly halving yesterday’s loss.

Skepticism abounds as the market frets about Europe and the end of QE but the survey Ryan posted is comforting for the bulls.

But after the way the wheels came off the market late yesterday, it will be a nail-biter all day long.

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