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Stockhouse @ the Bell: Wall Street stumbles on bank stock withdrawals

U.S. stocks sold off Monday as investors dumped financials, while energy lead a drop on Bay Street.

Today on Stockhouse

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Can the stock market rally climb a higher wall of worry? asks Sy Harding.

China Exchange Traded Fund (FXI) rises off its double bottom, says Stanley Barnes of Oxbury Research.

Sharp rebound in the gold price could be coming soon, notes Boris Sobolev.

UPS put buying rises, explains Jud Pyle.

Chinese micro cap stock could yield a bountiful harvest, from AllPennyStocks.com.

For more articles on gold and silver, please visit the Stockhouse gold & silver feature supplement: http://www.stockhousefeatures.com/gold-and-silver/

Buzz on the Boards stopped by the Precision Drilling Trust (TSX: PD.UN, Stock Forum and Timminco (TSX: T.TIM, Stock Forum) Bullboards.


Top Bullboards post: “I think the DOW is gonna correct this week.
There's been too much speculation, and a disparity between the markets' expectations, and economic data. I have no idea when it'll bottom. But I think it'll be a nasty fall [sic].” – From knowsnothing613 on the Mercator Minerals (TSX: T.ML, Stock Forum) Bullboard.

Top Bullboard: Hathor Exploration (TSX: V.HAT, Stock Forum) had today’s most posted Bullboard.

Top blog: Risktaker77 discussed Baffinland Iron Mines and Globestar Mining Corp. on the Risky Picks blog Monday.

For news about small stocks that made big moves in Monday trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.

Word on Wall Street

"We may be through the worst of the crisis, but the crisis continues nonetheless," Cantor Fitzgerald strategist Marc Pado told MarketWatch.

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