SPDR S&P 500 (SPY): fwiw, my news theory on today's drop is...

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Friday, 08/07/2015 11:49:22 AM

Friday, August 07, 2015 11:49:22 AM

fwiw, my news theory on today's drop is that this morning's employment sitrep,
combined with labor data from ADP and last week,
makes traders more confident that fed will raise rate in sept.

makes the most sense to me,
as, regardless of the almighty TRIX,
we've been down enough recently to merit a bounce today
just for the halibut...

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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