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Tag Archives: Travelers Property Casualty convertibles

THE PAUSE THAT REFRESHES

Stock prices aren’t doing much of anything this morning. That’s great!
Why? Because, after a sharp run-up like the one we’ve seen over the past two weeks, the market needs time to rest. A little sideways action, with some minor profit taking, gives traders an opportunity to study the landscape — and figure out which sectors are likely to lead the next phase of the rally.