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Meme Stocks Are Rallying. This Time They’re Not Funny.

Por: MarketWatch Business July 14, 2023

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A decline that small would perhaps be more interesting to day traders than long-term savers. But the note has a takeaway for everyone: A broadening out of this year’s rally is “encouraging,” but a surge among low-quality stocks “often is the tail end of the move.” Market breadth is a hot topic. The S&P 500 index is up 17% year to date. Seven stocks combining for $11 trillion in market value contributed 73% of the index’s first-half... + full article



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