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The technical picture for the overall market is very murky. The major indices are stuck in a trading zone; the internal indicators — chiefly Moving
Average Convergence/Divergence (MACD), stochastic, momentum and Relative
Strength Index (RSI) — are somewhat overbought near term, but not excessively overbought long term; the sentiment indicators are neutral; volume
has been weak on rallies and stronger, but not excessively stronger, on down days; and breadth has been irrationally unstable with strong sellers
on some days and strong buyers on others.So we really don’t have much to go on to determine the market’s next move. That’s why it’s vital you choose your investments carefully. To help
you with that task, I’ve put together a list of the exchange-traded funds (ETFs) and stocks I see as the best investments for the month ahead.
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