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The S&P 500 ended last week on a high note as it rallied strongly. The early parts of last week looked quite dubious as mainly defensive areas were the outperformers and cyclicals were the clear laggards.  Friday was a bit different as there was a powerful short squeeze in recently beaten-up names that were led by Cruise Lines and Casinos.  On a sector basis, Financials was the top group following the news that all 33 banks passed the Fed’s most recent stress test scenarios that...

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