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S&P 500 to Climb 6% on 'Oversold Buy Signals,' MKM Says
Businessweek The Standard & Poor's 500 Index (SPX) may climb more than 6 percent after last week's retreat triggered widespread “oversold buy signals,” according to a technical analyst at MKM Partners LLC. The U.S. equities gauge will rebound to 1,530 after last … S&P 500 is oversold, near term, so look for a rally this week: Bespoke |