FLS Update: Stocks Breakout on More Stimulus… 07/12/2016

FLS Update: Stocks Breakout on More Stimulus… 07/12/2016

Market Update:    The S&P 500 broke out of a long base yesterday and the Dow Industrials followed suit today. Typically, big base breakouts are bullish especially in a world awash with easy money from global central banks. In the short term, the market is very extended as the S&P 500 has soared over 8%…