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Bulls vs. Bears 6/22/23

Halftime Report

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Can the Bulls Stay in Charge With a More Hawkish Fed?

The S&P is not cheap, given the rate at which rates have gone up and what we still think they could do from here. The Russell 2000 advanced decline line is now at its highest level since April. 12% of the Russell 2000 stocks are now above their 50 day moving average. And that's a double over last week's reading.

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