BTD – ‘Buy The Dip’ seems to be the fashionable summer trend since the April 7 lows with equity markets continuing to push higher as earnings season gets rolling. Stocks rose as stronger-than-expected retail sales and a fifth straight decline in jobless claims (229.5k vs 235.5k prior) signaled continued economic strength, helping the S&P 500 (+54%) and the Nasdaq 100 (+74%) chalk up more new highs. Retail sales jumped 0.6% in June, reinforcing optimism about consumer resilience despite inflati…
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