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  1. A pause after the jobs report rally


    Stocks opened higher on Monday, hitting the intraday highs almost as soon as the trading began, but spent the rest of the day chopping in a tight, slightly lower range. It was a bit of a snoozer with the Dow losing 14-points on the day, and while the losses weren't bad, the negative reversals don't help.

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  2. Summer slow down


    Tuesday was a very similar day to Monday in that stocks opened higher, made their daily highs in the morning, lost those gains, but closed off the lows with a late push higher. It's more churning after the breakout last Friday. The Dow gained 4-points and most indices closed with slight to modest gains, although the Transports lagged closing down on the day. The Nasdaq and S-fund made new closing highs.

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