Wednesday, November 5, 2014

Don't Trust the Stock Market Rebound

The stock market rebound continued last week.
 
The S&P 500 has now recovered everything it lost during the first two weeks of October. And it is back to trading at all-time highs.
 
But I'm still skeptical the market correction is over...
 
Take a look at this chart of the S&P 500...
 
 
The S&P rallied to a new all-time high on Friday. It has plowed through every resistance level.  (more)

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