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The Monday Morning Playbook: Week of January 22, 2024

New all-time highs

Good morning,

Let’s start with the real headline: The S&P 500 finally hit a new all-time high on Friday. It did so on a closing and intraday basis and in strong technical fashion, going out right at the highs of the day and the week.

But last week was also… strange.

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Authors
Scott Brown, CMT