Just Friday, the S&P was on track to not post consecutive daily gains for the first time since 2002. But, while that describes the current above the surface calm of the markets, investors can sigh a breadth of relief as the index closed today with a third day of gains, and back above its 50-day moving average (4461). The Fed was unmoved in its guidance last week and that pushed some expectations for a November hike, but today’s JOLTS datapoint usurped that view as openings fell to their lowest…
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