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Stocks Up Big

7 July 2010 No Comment

The Dow closed up nearly 3% today with the S&P 500 and Nasdaq closing over 3% each.   Big move in stocks caused by a few decent earnings reports and potentially an “over-sold” state.  Interestingly, we’ve had quite a few 3% moves higher in the last couple months which overall was a major move DOWN in stocks.  Whether the bottom is in or if this is just another oversold bounce, time will tell…

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