The Market Strategy Radar Screen
Stocks stateside rallied for a third week straight through last Friday supported by economic data which, while somewhat mixed, was overall strong enough to convince even many skeptics–at least for now–that things are actually getting better (economically) in the US and that stocks merited the bid they’ve caught since the market bottomed on February 11th .
Though the broad market is still off a little more than 2% on a year-to-date basis, the rally from the low on February 11th has respectively pushed the S&P 500, the S&P 400, the Russell 2000 and the NASDAQ: 9.34%, 12.95%, 13.44% and 10.55% higher. ...
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