STOCK MARKET UPDATE
Updated following each market day
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The popular averages reverted well to the downside on Friday. An afternoon rally in crude oil prices had little effect. Since January turned out to be a loser, money managers may have been doing more undressing than dressing on the final trading day of the month. On Monday they’ll have new month cash to put to work. Meanwhile, the price of gold rose on Friday.
Above is my 3-
After hitting an all-
As were the cases in October and December, the SPY price this month fell under its 50-
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© Curt Renz
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