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A stock market top may be near, says Mark Hulbert, taking some Ned Davis research and probably...

A stock market top may be near, says Mark Hulbert, taking some Ned Davis research and probably running a bit too far with it. Data show Financials and Utilities typically lag the S&P in the months leading to a top, while Discretionary and Staples outperform. In the last 3 months, 3 out of 4 of these conditions have been met. The data is barely conclusive when 4 out of 4 match. Three out of 4?
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