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What the Market Wants: Where's the Next Support?

Where's the Next Support?By David Brown, Chief Market Strategist, Sabrient SystemsToday the S&P 500 Index dropped 32 points and plunged through its major support level as if it wasn’t even there....

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Sector Detector: Stocks have a friend in the Fed

Did you buy a market index call option in advance of the FOMC announcement on Wednesday? Maybe a straddle? Or did you at least hold pat on long positions knowing that you held an implicit “Fed put”...

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