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What’s up within the inventory market? Just about every little thing!
Final week, large-cap shares (S&P 500), mid-cap shares (S&P 400), and small-cap shares (S&P 600) all reached new 52-week highs. Breadth indicators for the index additionally reached new highs.
In different phrases, we’re experiencing a broad-based rally within the inventory market.
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Momentum can also be bullish for main market indexes. Weekly charts of the S&P indexes are proven under with stochastics on the backside.
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