Afternoon Update

2:51 p.m. ET Afternoon trade is looking a bit stronger. The close will really add some important color to the near-term outlook. SP-500 +1%, Dow +0.7% (Transorts +1.1%), NASDAQ-100 +1.5%, Small Caps +2.5% As I’ve talked about recently, a decisive breakout above S&P-500 $4600 could see the S&P add another 3+% or greater. I’d think…

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