May the odds be ever in your favor

I was reading Savita’s note this weekend about how the US stock market is off to its best 2-month start since 1991. We’re back up to the 2800 level in the S&P 500 where stocks have failed three times now.

But the difference this time around is that breadth is getting stronger as we approach. The NYSE advance-decline made a new high last week. Every one of the 11 sectors in the S&P 500 index posted pos…

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