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Profit from the Pros

Strike 2 for Investors!

Monday was the second time stocks tried to surmount resistance at 2450. It got above for literally a minute before heading back south again.

This is strike 2 for a breakout attempt as it also tried and failed a week ago. Gladly with investing the third time is normally the charm.

Meaning you should keep a bullish posture in your portfolio with expectations of higher stock prices ahead.

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Best,

Steve Reitmeister

Executive Vice President, Zacks Investment Research

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