"Goodmorning...Last week we pretty much saw a see-saw back and forth with no real progress either way. After an initial pop off recent lows, the market stalled out at the descending trendline. Given that the market did not sell off more quickly and has instead traded sideways, we think the
odds favor a move back to the upside from here. Remember, the fundamental
backdrop remains favorable, with the latest jobs report suggesting that
the economy still has plenty of room for growth."
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