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Commentary Topic from greenfaucet

The Quant View: Back in Black

During the last week of April, the market returned to its positive streak, however fitfully and with significant volatility. The market was buffeted early in the week by news of the flu outbreak, and then at mid-week, by a number of positive indicators, including Consumer Confidence and ISM, then by weaker-than expected GDP and construction numbers. Continued unpleasant news from the auto industry also impacted several of the sessions.