Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 11th of June.br br DailyXchangebr Post and prosper right here with other MarketClub members everyday. We welcome your thoughts and comments.br br The pain in Spain continues and is far from over. The infusion of $125 billion into the banking system was nothing more than a band aid on a festering problem: the banks in Spain have yet to write down the true value of their real estate portfolios. This tells me that things are far from being right, and everyone is still kicking the can down the road. Details of this agreement are very nebulous and have not been defined as of yet. The devil is in the details!br br I think how the markets close today, and in particular how the financial markets close today are going to be the precursor of the trend for the balance of this week.br br Today, investors are jumping out of sectors like FINANCIAL: -0.44 * Biggest Loser: BAC – 2.35 and into safer sectors like UTILITIES: +0.26 * Biggest Winner: PGN + 3.52.br br TODAY’S MARKET MOVING SECTORS and STOCKS:br Percentage changes in stocks are relative to the S&P 500br CONSUMER GOODS: -0.26 Biggest Loser GMCR -5.04br SERVICES: -0.05 Biggest Loser GWW -3.30br HEALTHCARE: +0.19 Biggest Winner CYH +5.36br ENERGY: -0.34 Biggest Loser ZNGA -4.67br TECHNOLOGY: -0.14 Biggest Loser FB -3.29br FINANCIAL: -0.44 Biggest Loser BAC -2.35br INDUSTRIAL GOODS: -0.51 Biggest Loser OC -3.64br BASIC MATERIALS: -0.98 Biggest Loser AKS -10.31br UTILITIES: +0.26 Biggest Winner PGN +3.