Monday delivered low volume lackluster red day across the broader markets. Our range was narrow and the action was pretty dull digesting last week quadruple expiration and getting ready for the two day FOMC meeting. Gold fell off on the dollars strength down $17.30 to $886.50 an ounce and crude rallied $1.08 to $136.44 a barrel. The lackluster action left me a little dull with the narrow range and closing weak. Leaving all eyes on the opening Tuesday for some movement. Financials continued to sink and leave us wondering if a floor can be found.&n[...]
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[Source: The Money Blogs]
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