Stocks have soared 16% since June. Here are 2 charts that explain why – and 1 that suggests the rally will soon end.

Like a basketball hitting a trampoline, the S&P 500 has bounced higher after plummeting in the first half of the year. As of early Friday, the benchmark US stock index was up 17% from its June low. Elsewhere in the market, things are looking even brighter. The NYSE FANG+ stock index — which tracks …

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