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A Few Days of Volatility

The market is heading toward an overbought reading and has some negative divergences, so look for choppy action.

This issue of the newsletter notes that every instance of a 0.5% rise in the S&P coupled with a green market volatility index, such as happened today, has been followed by a market decline for almost four years. In addition, a new idea, updates on previous picks, and reader feedback on three stocks.