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Stocks put in their first all-time high of the year
NASDAQ 100 – QQQ outperforms as Telecom, Biotechs, and Technology lead High-yield junk bond ETFs close at all-time highs keeping the uptrend intact Investment-grade bonds continue with their bounce, but may have found resistance at the 50-day moving averages The Dollar pulls back from multi-year highs Euro and Sterling gain vs. the dollar The Yen trades sideways Canadian dollar threatens its downtrend vs. Dollar Gold and gold miners gain for the third week straight. Is this enough to hold the bears at bay? Oil has a big Bearish Engulfing, but is it enough to reverse the downtrend? Natural gas relieves overbought condition with an almost 12% drop Copper wants to go higher Charts mentioned in this video are located here: stockcharts.com/public/1229503 |
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