Tough, Choppy, Grinding Session Ends Mixed

The markets on Tuesday experienced a tough grind. They chopped lower in the morning, went to new pullback lows and then reversed around the 11 o'clock hour. Then they went into a slow steady upward chop for most of the session, reaching the afternoon highs with about 10 minutes to go, but rolled over in those last 10 minutes to closed mixed on the day. Net on the day the Dow was down 16.71 to 8322.30, the S&P 500 up 2.40 to 895.08, and the Nasdaq 100 down 2.15 to 1424.46. The Philadelphia