Monday Market Wrap

{+++} For the day the SPX/DOW were +0.15%, and the NDX/NAZ were +0.40%. Bonds lost 2 ticks, Crude slipped 40 cents, Gold rallied $12, and the USD was flat.

The SPX had a really rough open dropping about 13 handles to a low of 1866

It then worked off the selling, and managed to rally throughout the day about 18 points off its lows.  The Russell and Nasdaq had similar recoveries.

China came in with some weak numbers Sunday night and that led to the initial weakness. Russia is also still in play which is contributing to indecisive action.

None of our new stocks triggered today.

See you in the morning.





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