Markets started off weak Monday, but shrugged off the morning sluggishness to close near highs of the session. The Nasdaq which has been lagging outperformed its S&P 500 rival. It continues to be comfortable with hugging its 40 week SMA. It closed a hair under the big round number of 3000. Remember markets sometimes stall at these big psychological figures. The S&P 500 has refused to surrender its big 1400 handle, but will 10 week resistance again prove formidable and Read the Rest…
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Douglas J Busch