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Stock Trading Alert #2

July 17, 2020, 12:03 PM Monica Kingsley

Don't be deceived by the relatively non-eventful S&P 500 performance so far. Given the steadfast high yield corporate bonds showing, stocks are setting themselves up for a positive surprise.

Technology appears done declining, healthcare is leading, and financials still consolidate. Importantly, the Russell 2000 has appetite for more gains.

Our open long position remains justified.

Thank you and have a nice weekend.

Monica Kingsley
Stock Trading Strategist

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