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We were getting some interesting diverging action this week and we were sensing that something was different, but little did I know that meant stocks were about to rally strongly to new highs. After a terrible start to the week, stocks have resumed their bullish ways and the 251-point gain in the Dow pushed it into new high territory for the first time since January. The S&P 500 also made a new high yesterday while the Nasdaq and small caps are close, but still a percent or so away.
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