Weekly MOTR Report (WMR): “Stealth Correction Looks Complete.”

This Week's Highlights

  • While the S&P's unyielding gains to start the new year suggest the bull is running, the fact is that most stocks have been correcting since late December.
  • This would include markets outside the US, where everywhere from Europe to Latin America have been taking a breather.
  • That said, the correction has done no damage to the longer-term charts, confirming our view that any weakness to begin the year would be a buy opportunity.
  • The. . .

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