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Stocks Rally On Bullish Housing Data

Stocks Rally On Bullish Housing Data
Daily Market Commentary

Stocks Rally On Bullish Housing Data

Byinfo@50park.com December 20, 2011

Tuesday, December 20, 2011 Stock Market Commentary: Stocks rallied after the latest round of U.S. housing data topped estimates which bodes well for the ailing housing market. From our point of view, the market is back in a correction as the latest follow-through day (FTD) failed after the benchmark S&P 500 sliced below its 50…

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