This week’s losing streak has officially been broken-- if only on a mere technicality-- as we narrowly eked out modest gains on the major US indices to close out the shortened holiday week here in the States. Overall, we still head into the weekend having fallen below the 50-day MA’s and yet unable to recover above. Nasdaq was the last to break that level earlier this week while the Russell remains the laggard of them all having now broken below its 100-day MA and the sole downer today. It w…
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