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Dow 30K? Yes, But….

Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years.  During that time, it gained 21%.  The panic and freefall during December are replaced by complacency and greed.  It’s an Alfred E. Neuman type of market.  “What, me worry?”  Every major index […]

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The Stock Market’s Wile E. Coyote Moment?

For anyone who is a first-time reader, it would certainly be a valuable exercise to review our prior two posts: “Parabolic Collapse for Stocks Dead Ahead? (https://markonomics101.com/2018/10/19/parabolic-collapse-for-stocks-dead-ahead/) and “Characteristics of Bear Market Rallies” (https://markonomics101.com/2018/10/17/characteristics-of-bear-market-rallies/).

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