Markets opened the week on a down note, with the S&P closing off .33%
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Today’s trading action was pretty dull with the SPY move slightly lower and the only big movers being NFLX and TSLA. With the Jewish holiday market volume is expected to be slow for the beginning of the week. Given this, and the lack of any catalysts until Friday’s jobs report I anticipate the market will stay within a 1% trading range for most of the week.