Up, Up & Away…. But for How Long?

Keith Schneider | October 10, 2021

After a brief market pause, we got a pullback from short term oversold levels and saw stocks resume their upward trend, partially fueled by a much narrower, large-cap stock rally. This leaves the major indexes stuck between their 50 and 200-day moving averages and in warning phases. We also saw commodities (especially Natural Gas, Oil, and some soft commodities) and Crypto Currencies all continue their upward ascent with the latter making huge one day moves

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