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The growing sense of fear and panic related to the U.S. debt reduction negotiations and the raising of the debt ceiling coming out of Washington has made a lot of headlines lately. In spite of being an important political and macroeconomic matter, the U.S. debt concerns are not what caused Monday's selloff. Politicians may tell you that it is, but how do you then explain the fact that the U.S.

SPDR S&P 500 (NYSE:SPY) Last Trade: 117.70 Up 0.24 (0.20%)

PowerShares QQQ (NASDAQ:QQQQ) Last Trade: 51.49 Up 1.07 (2.12%)

Seagate Technology PLC (NASDAQ:STX) Last Trade: 15.51 Up 2.82 (22.22%)

Microsoft Corporation (NASDAQ:MSFT) Last Trade: 25.54 Up 0.31 (1.23%)

Direxion Daily Financial Bear 3X Shares (NYSE:FAZ) Last Trade: 13.11 Up 0.53 (4.20%)

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