Energy likely outperforms in September

US Equities have now retraced more than 61.8% of prior decline from late July and have shown no evidence of turning down.  Yields have slowed their descent, while the US Dollar has extended losses.  Overall, with no evidence of stalling, it’s probably going to be right to expect SPX reaches 4527 or 4556 while QQQ can hit 380-1.

Weak economic data continued to support higher prices in both Treasuries and Equities on Wednes...

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