A rare event indeed. The guys at Bespoke Investment Group note that the S&P 500 is 20% above its 200 day moving average for the first time since May 1983. Please note the rapid rebound from historically oversold levels earlier this year. Not sure exactly what it means for the market going forward, but worth noting nonetheless.
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Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
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