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Things Still Don't Add Up

MRKT Matrix

00:00

XLE Energy

I think we're looking at nothing other than a counter trend rally that is now faltering. People will talk about seasonality, I know Doug Cass has been pretty vociferous in response to that. The market does not necessarily have to rally into year end. And the headwinds have not abated whatsoever. One thing that has clearly given it up though is some new crude oil.

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