October 28, 2011 at 10:41 AM EDT
ETF Chart of the Day: Shorting Large-Cap U.S. Stocks
The rally in U.S. stocks this month has pushed the S&P 500 and Dow Jones Industrial Average above their 200-day simple moving averages in a victory for the bulls. Our market technician David Chojnacki points out the indices are poised to test the April and July highs, but with a 19.5% move in...
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