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US Stocks Watchlist – 16 May 2023

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A relatively small list today for the watchlist due to the majority of the market pulling back today, as illustrated in the equal weighted S&P 500 chart above, which declined -1.41% and closed below its -1x ATR(21 day level) and the percentage of stocks in the S&P 500 above their 200 day MA dropped to 43.80%. 

Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.