Weekly MOTR Report (WMR): “No Reason to Pile In”

After posting a rare 6% gain in the prior week, the S&P elected to take a week off this past week. In fact, despite all the volatility, the market has basically closed at the same level three weeks in a row.

Stepping back to look at the big picture, it has been encouraging to see the S&P hold what we think is very important long-term. . .

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