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The Fibonacci extension on the SP500 chart shows that it has reached the 618 halfway move and then blasted past the 100% measured move. So what will happen next? When hot terms like A.I. are used to advertise, say, toothbrushes, have we finally hit the peak? Is this a sign of exhaustion, or are we just getting started?
If you were looking for a spike in bearish sentiment following the brutal action in stocks last week, you didn’t get it. As shown below, bulls remained in the majority in our weekend Bespoke Market Poll, coming in at 54{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} versus bearish sentiment of 46{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}:
In choosing the right mix of ETFs, less is often more.
House Speaker John Boehner’s (R-Ohio) office went to absurd lengths to describe the popularity of the Israeli prime minister’s speech Tuesday. In a statement issued to The New York Times, Boehner spokesman Michael Steel said: “If Taylor Swift and Katy Perry did a joint concert at Madison Square Garden …
