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Weekly Stock Bullfinder - Week of 3/21
SUMMARY
- Last week was a strong bounceback week for the S&P 500 index as it closed back over its 10WK moving average and finished the week up over 6%
- Technology and growth stocks were particularly strong on Thursday and Friday after Wednesday’s Fed meeting and closely followed yield curves already have inverted or are close to inverting
- In addition, many beaten down growth stocks saw strong moves higher as short covering occurred going into options expiration last week
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- Weekly Stock Bullfinder- Week of 3/2828 Mar 2022
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