Crude oil fell once again as the pain continues for those who are long the commodity. Energy names weighed on the Dow, but the index did not lead the market lower. That honor went to the Russell 2000 has traders once again fled small cap stocks. Friday at the close the Russell will undergo its yearly rebalance. Volume was mixed with NYSE volume higher than the previous day. NASDAQ volume fell on the session. Not a terrible session, but not a great one either. We will continue to keep an eye on our stocks and react accordingly.
We hope you had a great summer soltace. More to come tomorrow.
