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Stocks gapped up on Monday morning, and in a volatile market, Monday gaps are very vulnerable, and that proved to be the case as the Dow, up 400-points at its high yesterday, traded in a 730 range and closed 650-points off those morning highs. Israel fending off Iran's attack eased weekend nerves helping the market rally early, and strong retail sales was a good sign for the economy, but it also pushed the dollar and yields up to new highs for the year.

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