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The Monday Morning Playbook: Week of May 6, 2024

Yields and the dollar boost stocks + May ETF portfolio updates

Good morning,

It’s the first Monday of the month, which means it is time for ETF model trades.

We have a good bit of turnover, but from a top-down standpoint, we’re in the same situation as last week.

The S&P 500 rallied hard on Thursday and Friday, benefitting from dovish comments from Powell and an earnings pop from Apple.

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Brown Technical Insights
Brown Technical Insights
Scott Brown, CMT