Market Recap - 7/20/2015

Today, the market continues its quest to enter the record book. The SPX came within 2 points to its all time high of 2134.72 made on 5/20/15, and 2 points above its all time closing high of 2130.82 made on 5/21/15. The NASDAQ 100, NDX stayed above the new multi-year high throughout most of the session. It came within 10.60 points from the tech bubble all time closing high of 4704.73 made on 3/27/2000. While these two market indexes are at new high territory, the market breadth continues to behave negatively with decliners outnumbered the advancers by a margin of 2 to 1 and the DVOL ahead of the UVOL.