Video: S&P 500 Covers its Gap, Dollar Reversal Leaves a Tail, Speculators Seduced

Talking Points:

• The market's sharp drop in response to the North Korea missile launch evaporated as the wore on Tuesday
• Reversals in the S&P 500 and VIX showed deflated risk concerns, while the Dollar recovered from a dip to 2.5 year lows
• Questions of conviction are more important than simple direction going forward - can we develop a strong trend here and now?

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