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Markets Are Still Moving on Momentum, Not Fundamentals
With markets moving on momentum, traders do not care about the high P/E’s or the low dividend yield on the SPX… Yet.
Pedal To The Metal
Outperforming metals and mining are all too often overlooked. With strength in copper, gold, silver, and uranium, the trends are in place to find follow-through higher.
Markets Still Taking Their Cue From the Bond Market
An uptick in bond prices late in the day helped to propel the SPX to new 2 week highs.
