Salient to Investors:

Witold Bahrke at PFA Pension A/S said overall market sentiment is still driven by two forces: disappointing macro data and abundant liquidity – last week, liquidity won, this week, disappointing macro data seems to be the winner.

The VIX moves in the opposite direction to the S&P 500 about 80 percent of the time.

71 percent of the 41 S&P 500 stocks so far reporting have beaten earnings estimates for profit, 56 percent have beaten sales estimates.

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