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12.13.2017 - Insider Bookmark

12.13.2017

Hey there everyone, welcome to Wednesday. 

The other day I mentioned that the day ahead of a Fed decision is usually a green day. Well they certainly took that to heart, as the DOW was up over 150 at times and both the DOW and the S&P hit new highs.  

12.2.2014 Market Breadth Bookmark

Don't forget folks, the DOW is just 30 stocks, and the Central planners like to move that index higher as a confidence builder for people. But if you look at the broader market, you see some disturbing trends. The NYSE is the biggest stock market. It is now flirting with breaking a trend line that's been in place for many months. The Transports got slammed yesterday on the jump in oil prices. The XLF which is the basket of financials, is weak. The IWM, which is the proxy for the Russell, is really having a problem here.

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