The Stock Market is no Longer Oversold, but it isn’t Overbought Either.

 

The financial markets have been highly emotional and largely erratic. Thus, it feels like a good time to tap on the brakes to look at the bigger picture. Despite unprecedented volatility, which truly began on election night 2016, the S&P 500 has once again landed in neutral territory between 2,700 and 2,800.

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