The Sector models closed between -4.44% (Aggressive) and -0.70% (Moderate) on the week. The SPY closed down -0.96% on the week. The SPY put in five consecutive lower closes, but only partially retraced the prior week’s gains. Despite a strong jobs report on Friday (payrolls rose by 201,000 and wage gains hit the highest level in 9 years at 2.9%) the market couldn’t manage much of a rally. Concerns about additional FED rate increases and
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