A Summer Rally and Summer Lull

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Although the S&P 500 (SPX) would achieve a new, intraday all-time high this past week (Friday), it would fail to sustain a new all-time high on a closing basis. With all the price action from this past week, it’s hard to conceive that markets did a whole lot of… nothing! Both the S&P 500 and Dow Jones Industrial Average (DJIA)…

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