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Article By: Andre Gratian
Monday, January 16, 2017 5:40 PM EST
SPX looks ready to put in a top in the vicinity of 2300 and start a correction.The extent of the initial retracement will be determined after we have evaluated the amount of distribution which takes place at that level.
Article By: Michele Schneider
Saturday, January 14, 2017 6:47 PM EST
Last week, the stock market held up largely due to the surge in NASDAQ and the FANG stocks. If showy technology could not prompt the Granddad of the four indices, The Russell 2000, to new highs, are we looking at a version of 1958 all over again?