STOCK MARKET UPDATE
Updated following each market day
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On Friday the popular averages opened well to the downside, then climbed steadily throughout the day to close nicely up. Non-
Above is my 3-
The moderate waffling in the SPY price over the last few months took an ugly turn to the south amid heavy trading volume in late August. Fear increased in late August and early September in the midst of wild price swings. Recent wiggles have been less pronounced.
Rampant pessimism by pundits, advisers and investors recently turned me optimistic for the longer term. Investors may have been anticipating the usual trough for October, but in recent years many of these seasonal norms have been slowly advancing to earlier in the calendar year. The rebound this week and especially the huge intra-
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© Curt Renz
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