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What are stocks doing? Large caps accelerated growth into Friday and are now into record territory. The weekly chart parralells the monthly chart of the S&P 500. In both there is broken resistance to higher highs after already trading at new high prices.

Stock prices gapped up to start the week reaching new highs from the opening bell Monday. Stocks found more gains throughout the week and growth went into the right side of a porabola Thursday and Friday. The bulls have the bragging ...