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With the yen testing ¥137 and stubbornly staying above ¥135 to the U.S. dollar, Japanese exporters will benefit from a currency-exchange boon to the bottom line.
All those bearish energy charts that I have been harping on finally fell. Let's check under the hood ... and see where the dripping is coming from.
After a rough start, we saw strength in some sectors that had taken it on the chin.
A temporary break in oil prices, along with lower interest rates, could be a near-term positive for equity prices.