A wild week on Wall Street indeed! We have likely witnessed a flash crash of sorts on Monday, as many ETFs saw their prices cut in half within seconds of opening! Especially concerning was the fact that the underlying stocks that these ETFs held did not experience such drops. This does not inspire confidence in the stock markets … but we have to work with what we got.
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Video Market Recap For Friday, July 31, 2015 - SPY QQQ XLY XRT XSD AAPL TLT XLU UUP GLD GDX USO8/2/2015
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