S&P 500: 1104.18  +5.31              NASDAQ Composite 2236.20 +7.33        CBOE Interest Rat 2.761 +1.07        Treasury Yield 30 3.845 +1.22        HANG SENG INDEX 21167.27 0.00        NIKKEI 225 9098.39 0        BSE SENSEX 18799.66 +132.95        DAX 6221.52 +57.08        FTSE 100 5494.16 +64.42        CAC 40 3722.15 +44.94        ESTX50 EURP 2782.43 +29.54        CBOE Interest Rat 2.761 +1.07        Treasury Yield 30 3.845 +1.22                
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15
Jul

We discuss today’s action and the disappointing late-day selloff that makes us question whether a bottom is in. The financials continue to struggle, and the top in oil we called for appears to be coming to fruition. We also touch on the VIX, USO, GS, MER, and C.

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Craig

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