Needless to say, the chart monkeys are struggling to get their footing. The S&P 500 closed 2.6% below its 50-DMA and 2.4% below its 200-DMA, but in an end-of-session stick-save it shinnied its noise a hair (o.3%) above the 50-week MA Maginot Line. That is, the market closed at 2696 – eight handles above the … Continue reading "How George H.W. Bush Blew the Peace and Donald Trump Threatens Prosperity"
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