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Update COB 7/31/2021
Equity Market Risk:
As of close of business 7/31/2021 SKEW, or the ratio of bullish options positions vs. bearish options positions stood at 153.71 just slightly above the 200 day moving average. Thus, we are fully invested.
Source: Thompson One: SKEW
**Opinions are those of Phillip Global Wealth Management and not necessarily those of Raymond James. Investing involves risk and past performance does not guarantee future results.
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