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Profits Are, Ultimately, The Only Sane Consideration

Profits Are, Ultimately, The Only Sane Consideration

This is March, right? Okay, then, I get it. This is March Madness and this, then, is the state of the market these days. I only describe it this way because yesterday was such a surprise. I expected the market would be done, but almost three hundred on the Dow is a bit mad, given the current state of things in the market world.    The S&P 500 has gone 26 sessions without 2 up days in a...

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Wait A Bit, Market Direction Is Coming

Wait A Bit, Market Direction Is Coming

One expects the market to behave the way it is behaving today. After all, we are here again, the rarified air of record highs. Big money is not sure where to go from here, even with Ms. Yellen’s dovish comments to the esteemed US Congress. She says she is in no hurry to raise rates, but this does not mean anything, really. She is simply telling us inflation is not a threat at the moment and...

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