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Tuesday
May172011

Preferred Stocks Remain in Strong Uptrend

DateTuesday, May 17, 2011 at 09:01AM

While the S&P 500 and common stocks in general have struggled in May, preferred stocks haven't skipped a beat. Below is a six-month chart of the S&P US Preferred Stock Index ETF (PFF).  As shown, the ETF remains in a strong uptrend, and it just broke to a new bull market high two trading days ago. 

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