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Jul 08 2022

Down—But Not Washed Out

  • Jul 8, 2022

Based on a short-term perspective, stocks may be ripe for a bounce. However, the S&P 500 has not reached “oversold” territory since early 2016, and it is still a long way from doing so. Of the major indexes, only the Russell 2000 is now positioning to soon claim a “low-risk buy” signal. 

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager