The wild 22% rally off the April 7th lows stalled out on Wednesday in relatively low-volatility session. The SPX traded in a 24-point range, the narrowest since February 14th, and closed marginally higher, +.10%. Are buyers exhausted, worn out, or just catching their breath after this epic run from an even wilder sell-off? A pull-back would seem only natural as investors return to fundamental analysis as the recent flurry of earnings is digested. President Trump’s trip to the Middle East has…
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