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S&P 500 at Inflection Points
Posted By Barry Ritholtz On October 10, 2013 @ 12:00 pm In Cycles,Markets | Comments Disabled
Its time for the update of one of our favorite massive charts, via the quarterly Market Insights JPM puts out. (Yeah, I criticize Dimon but that doesn’t mean he doesn’t have some insightful people working for him).
As you can see, we are about 3 S&P points below where the quarter ended, despite all of the noise . This is why I suggest investors tuen out the short term, and focus on the longer term trends.
(You can download the full JPM Guide to Markets here ).
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2013/10/sp-500-inflection-points/
URLs in this post:
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2013/10/SPX-cycles.png
 all of the noise: http://www.ritholtz.com/blog/2013/10/melt-up-government-shut-down-debt-ceiling-deal-edition/
 here: https://www.jpmorganfunds.com/cm/Satellite?UserFriendlyURL=diguidetomarkets&pagename=jpmfVanityWrapper
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