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© Curt Renz
Stock Market Update
The popular averages finished to the upside on Tuesday amid thin August trading volume. The Nasdaq Composite hit an all-
Above is my 3-
The rise on June 20 brought the SPY price back near the 50-
The pullback on July 5 found support at that 50-
The recent narrow trading range with light volume is not unusual during late summer. As corporate earnings continue to improve, money that has been locked up in low paying fixed income investments may resume being transferred to the stock market once the vacation season has ended.
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