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After a meh August for stocks, September is starting with a stock pullback that we’re keeping a close eye on. It may provide an early clue as to which way the market wants to eventually break from this S&P 4,300 – 4,600 summer range. And that break should determine how this year closes.
Time will tell.
Which way will it go? Above 4,600 and on to all-time highs? Or below 4,300 and eventually back to the 2022 lows? Or both? Who knows? Are Deion and the Buffalos the real deal, or just one hit wonders?
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