The markets moved back into bull mode last week with another one of those performances often not seen in a year, let alone four days. In fact, the S&P 500 (SPY) closed higher by another +4.1%. Among the tracked ETFs, only Agriculture (DBA), Twenty-Year Treasuries (TLT), and the US Dollar (UUP) closed lower. Many ETFs still look fairly overbought on a very short-term basis, but Friday's cooling reduced the number of securities in that category, and longer-term strength continues to build.
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