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Stabilization and rally in the Banks looks likely post FOMC meeting

Monday kicked off with a broad rally which largely proved to be an exact opposite move of what markets have engineered over the last few weeks.   Financials, Energy, Industrials and Materials were all quite strong, while Technology was largely absent from the rally until the last couple hours. 

Similar to last week’s gains, seeing lopsided participation out of the Cyclicals while Tech is largely absent does not equate to the market being...

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