STTG Market Recap August 18, 2014

Once again, another correction attempt ends in a trail of tears for the bears. We were at some key inflection points at the end of last week and today burst out of the gate of the new week as geopolitical tensions ease. Other than June, 2014 has been ho hum, but a week ago Thursday the market was deeply oversold and we’ve gone vertical since – very similar to the rallies throughout 2013. …

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