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Over the last week, the S&P 500 is up by more than 3%. Melt-up is an appropriate description as stocks have either moved higher or gone sideways. Any dip has been aggressively bought and resulted in higher highs.
Our portfolio has also done well and is now up nearly 10%, while the S&P 500 is up only 1.5% since we began the service on September 13. We continue to be positioned for a broad-based, market rally that should lead to trending moves in multiple sectors.
