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May 12, 2014

Equity Breakout Pending

Well, I can't say anything terribly interesting happened in today's action. Stocks managed a nice rally to challenge the April high. The S&P 500 came within a whisper of a breakout, but at this point, we can pretty much label the breakout as pending. Neither gold nor the dollar progressed their own frameworks, though gold did make an attempt, spending the morning below ...

 

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