Equities closed considerably lower as monies began to exit the momentum names, perhaps the result of the rising dollar that may hurt profits.  Treasuries also declined in price even though the economic data was weaker than expected....

Relatively speaking yesterday was a quiet day.   This was the first day in eight equities did not close 100 points higher or lower.  Treasuries were essentially unchanged.  Oil advanced however this was perhaps the result of a weaker dollar....

The volatility continues!  Equities fell significantly for the third day in six.  Friday’s catalyst was disappointing consumer confidence data, rallying dollar and a decline in oil....