| |

The Closing Look

Stock Market Commentary:
Stocks were relatively quiet on Tuesday as the market paused to digest Monday’s very sharp sell-off. Overnight, China injected $20B to calm markets. Outside of more government interference, not much has changed. As Gary has been telling you for months, the action on Wall Street continues to get weaker, not stronger.

Gary’s Thoughts: The bear market is going to get more apparent real soon as the major indices will catch up to the average stock. We need not say more. We just don’t know if it is tomorrow, next week or next month.