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Friday, May 3, 2024

Why you shouldn’t be too quick to dump your stocks just yet

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After volatile trading sessions last week, it’s worth noting that the U.S. stock market’s major trend is still up. The market’s sector relative-strength rankings are confirming this, despite the market’s gyrations,

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I base this bullish assessment on an analysis of which stock-market sectors typically perform the best as bull markets come to an end. Recent market action doesn’t fit the historical pattern: Many of the sectors that typically rally at the end of bull markets are lagging, while many of those that usually do the…

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