The revival of the stock market over the last several weeks has been most impressive. After dropping by over -7% from May 22 to June 24, stocks as measured by the S&P 500 Index (SPY) suddenly reversed higher and have spent hardly a moment looking back. In the 18 trading days since the June 24 bottom, stocks have advanced in 15 of these sessions. This is an incredible 83% winning percentage for a market that appeared on the brink of cascading lower when the latest rally got underway.
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It's always a good idea to keep some good articles, at least I think they are good for reference, so I can go back and read them later.
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