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After a small decline of late, High Yields have now moved back above the key 50-EMA line. In the past this positive price action has been good for holders of these funds and has suggested that the stock market should continue to see higher prices in the short-term.
Game Plan….Continue to own the High yield funds, collecting a decent yield. Would use the 50-EMA as a stop for part of the holdings if they break below this line.