FRIDAY 8/1/14; PMI's; Global Markets Cascade Lower on Contagion; CLX; CVX; PG; WY; Monthly Jobs Report; MBLY; Consumer Sentiment; ISM Mfg Index

Asia takes the ball and fumbles with all major indexes trading lower. Contagion continues. Dollar/yen 102.85. Even the KOSPI, the latest favorite flavor for long traders, is down. China PMI is 51.7 better than the 51.4 expected and above last month’s 51.0. The happy d





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