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The WINNING STREAK IS OVER!
What a difference a day makes. In the SP EMINI we just about wiped out 2 weeks of gains in 1 day. Additionally, the DJIA almost made it to nine straight weeks of gains but the news out of Egypt and Ford (F) put an end to it. Commodity prices went into defensive mode with a move higher in the US Dollar, Treasuries and Gold. Crude oil jumped 4% with uncertainty in the region.