$SPDR S&P 500 ETF Trust(SPY)$ The most important thing this week is that we're reaching month-end and portfolio managers are doing window dressing. It's not about PCE, not TA, not valuation—it's about making the books look good. Turn off the financial news and follow this simple rule: if a stock has done well this month, it gets bought; if it's done poorly, it gets sold and taken off the books. Everything else is noise. This is about keeping your job, which is why if a stock has been beaten up this month, you buy it.
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