The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
Chicken or the egg. I find it interesting that the market waited very patiently at its April highs, a .618 retrace from the all time highs and coincidentally breaks out with QEII. If the breakout is sustained it projects a test of the all time highs. Not unlike 1976where it will then fail.Also I would not short change the Repubs taking the House and the enthusiasm some are hoping for akin to 1994.
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