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Thursday, Apr 18
From a technical perspective, at least on the surface, today's close by the S&P 500 below...
From a technical perspective, at least on the surface, today's close by the S&P 500 below its 50-day moving average should be cause for concern. Not necessarily, says Bespoke Investment Group. At last check, the index had gone 74 sessions without ending below its 50-day average. Bespoke notes that the index has broken below its 50-day moving average after sustained periods of at least 50 days above the mark 13 times over the past decade, and over the month that followed, it actually gained an average of 2.2%.