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StockNews.com
StockNews.com
Business
Steve Reitmeister

DARK SECRETS: 5 000 green or red light for stocks | Vintage Vibes

There is no surprise that the market is flirting with 5,000 for the S&P 500 (SPY). Just too attractive of a level not to attain at this time.

The problem is that this is a very hollow rally like we saw for the majority of 2023 where almost all the gains were accruing to the Magnificent 7 mega cap tech stocks.

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