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3 Reasons to Watch the $SOX

I hope you all had a great Fourth of July and are relaxed and ready for some market action, because the Philadelphia Semiconductor Index ($SOX) looks rested and ready for a breakout. I have three reasons to watch this index for big movement today.

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3 Signs the Dow is Ready for a Breakout

After last week’s price action, the Dow Jones Industrial Average has strung together two sessions of yawn-inducing trading activity. However, the Dow could be on the verge of a major breakout opportunity. I’ve got three reasons why.