Crude oil entering best three-month stretch of the year

SPX, DJIA and NASDAQ remain largely range-bound near-term as part of their uptrend from 3/13.  This sideways “grind” in prices isn’t necessarily bearish; However, a move back above QQQ-314 and SPX 4040 will be necessary to help jump-start the next leg of the rally.

While the rally seemed broad-based, with all sectors positive on the day and Energy, Materials and Financials all higher by more than 1%, there were continued fears about a potential slowdown in...

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