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Traders working at the New York Stock Exchange.
NYSE
The
S&P 500
has performed so poorly this year that it is now trading at a scarily low level. That usually presents an attractive opportunity for longer-term investors.
The market benchmark, down more than 11% for the year, just hit a “death cross.” That is when the index’s 50-day moving average falls below the 200-day number.
It’s a signal that something is up in the market, if anyone needed more…