It does feel like the market is slowing down. Time for a correction? Maybe time to move to Cash
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May 28 (Bloomberg) -- The two-month rally in U.S. stocks is in its final stages and a correction will take place in the coming weeks, according to a technical analyst at Aurel BGC.
“The speed of the market’s gains is slower and slower,” Paris-based Alexandre Le Drogoff said in a phone interview yesterday. “Mathematical indicators are showing the market losing steam.”
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