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On Dec 24, only 1% of stocks in the S&P 500 closed above their 50-day moving avg, one of the most extreme oversold levels in history

00:01 - 15/02/19

 

 

The S&P 500 SPX has closed above its open eight weeks in a row

 

 

Spurious correlation?

 

 

There has been a wide skew between the best and worst performing Emerging Markets this month;

 

 

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