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Why Ask Why?

Why were stocks up Thursday? Rising up in the range.

Why were stocks down Friday? Falling back down in the range.

Reity, what will happen next week? Please see above.

And this form of Q&A will rinse and repeat until a new catalyst emerges that pushes us above 1700 or below 1600. My sense is that won't happen til July with earnings season and fresh economic data on jobs, manufacturing and services.

Just remember the trend is your friend until proven otherwise. So that means you should bet on a breakout above 1700 as the more likely scenario.

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Steve Reitmeister (aka Reity...pronounced "Righty")

Executive Vice President

Zacks Investment Research

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The Next Industry to Crumble...

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Bull & Bear of the Day

Zacks Rank #1 Strong Buy

Akamai (AKAM)

Most investors are on the hunt for the latest and greatest product or innovation. But what if you could invest in the platform that profits from a multitude of successful businesses and one that they need to grow? Read more to find out...


Zacks Rank #5 Strong Sell

Barnes Group (B)

Learn why this global industrial manufacturing company might not be getting much love from investors in the second half of 2013.

Stock Picking Strategies

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Bulls Still Control This Volatile Market

Zacks experts weigh in on May jobs data, market direction, volatility and more.

Forget the Correction, Play the Trend

Trying to predict when a correction is coming has been lethal for bears, foolish for bulls.


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