The Week Ahead: Risk-Can Your Portfolio Handle It? |
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April 17, 2016 |
April 2016 Bond Updates
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Stocks continued to surprise the majority last week as the market gains were quite impressive. As I pointed out last week the S&P 500 A/D line moved above the May 2015 highs. The weekly NYSE Advance/Decline has also now moved above its 2015 high, line b. The A/D line is also accelerating to the upside which is bullish for the intermediate term. This implies an eventual move in the NYSE Composite above the May 2015 high which means a potential 8% increase from Friday's close. What could cause such a rally?
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View more at: http://www.forbes.com/sites/tomaspray/2016/04/16/the-week-ahead-risk-can-your-portfolio-handle-it/
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