The popular averages fell back to the downside on Friday. A fall in the price of crude oil may not have been helpful. This out of fear that producers may not agree to a production freeze over the weekend. The Markit flash PMI of manufacturing activity indicates growth but at a reduced pace. Meanwhile, the price of gold fell on Friday.
Above is my 3-
The rise on June 20 brought the SPY price back near the 50-
The big jump following the Brexit scare in late June led to a more gentle rise beginning in mid-
The strong bounce on September 12 tickled the 50-
Updated following each market day
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© Curt Renz
Stock Market Update
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