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IPFS News Link • Stock Market

Market Continues "Euphoric" Advance As 3500 Becomes Next Target

• by Lance Roberts

This week, the market pushed those deviations even further as the S&P 500 has now pushed into 3-standard deviation territory above the 200-WEEK moving average.

There have only been a few points over the last 25-years where such deviations from the long-term mean were prevalent. In every case, the extensions were met by a decline, sometimes mild, sometimes much more extreme.