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Writer's pictureJohn Falcone

SPX Seven weeks in a row!!!

S&P 500 recorded its seventh consecutive weekly decline. The last time we saw a decline lasting seven consecutive weeks for the S&P 500 was 21 years ago, and there have only been three times previously in history. The coming week looks favorable (or unfavorable, depending on your perspective) for an eighth straight weekly decline for the S&P 500. The Dow Industrials (DIA) experienced its eighth straight weekly decline, marking its longest losing streak since April of 1932.

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