As we wait for Apple earnings, which better blow away expectations the market is slowly churning higher. The only stock that has my attention today is Fluor (FLR) which has announced an $163mm one time hit due to delays in the construction of a wind farm. One time hits do not really bother me and FLR is a preeminent construction company...I might take a small position here if volume keeps up at its current pace.
On a side note, banks are bouncing back nicely thanks to Citi's announcement. I am glad after we poured in Billions of dollars the company can turn a profit...even if most of it was a reduction in loan loss provisions!
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