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July 2009
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Alphas Morning Market Update

The big story this morning is the dollar. The DJI is relatively flat and non eventful, which is a very bullish sign considering it had a 4 month rally. However, the dollar is down against nearly ALL major currencies, a bullish sign for the precious metal investors. BUT, for me, the big story is the VIX up 5% this morning (they might not be selling stocks, but they are sure buying protection). […]