The Closing Look
Stocks ended lower on Monday as traders returned from a shortened holiday week. The extended areas in the market began pulling back which is perfectly normal at this point. Later this week, the market has to deal with the OPEC meeting, the end of the month and the always fun and fake jobs report.
Gary’s Thoughts: Normal pullback day. Nothing stands out except names like MLM,VMC and others in group look like that’s it. OILS also disappoint again as they continue to tease move topside which continues to stall.