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Monthly Archives: June 2012
Just like the market action in early May, debt issues in the eurozone were the latest rally’s undoing. Spain requested a blank check to bailout its banking industry, while Cyprus started the bailout application process. And things went from bad … Continue reading
Less than one week after confirming the latest rally, the stock market’s were hit with a massive distribution day (June 21). Each of the three major indexes fell over two percent, landing them beneath their 50 day moving averages. Adding … Continue reading