Daily Market Notes on July 28, 2011 from Selkin

Chief Market Strategist Don Selkin, was quoted in Bloomberg today for his analysis of the debt ceiling crisis. Here are today’s market notes from Don: 

“The market has declined around 3% since July 8th, which is the day that the second-quarter earnings season kicked off with AA’s report and despite the fact that around 80% of the S&P companies have beaten their estimates. Obviously the drama in Washington is overshadowing everything else.”

Click here to read the complete 7-28-11 Daily market notes