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Sector Detector: Focus returns to corporate earnings and Europe
U.S. stocks rallied on Election Day Tuesday, ostensibly in anticipation of a “surprise” Romney win. But on Wednesday, after huge dollars were spent on rancorous campaigns and attack ads that only...
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Sector Detector: Rankings stay defensive despite the relief rally
Congress got its act together just enough to stave off the fiscal cliff. Unfortunately, they merely added a long “pirate plank” to the edge of the cliff, as spending was not addressed. So the country...
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Sector Detector: Bulls resist giving up any ground
Earnings reports on Wednesday from big banks like Goldman Sachs (GS) and JPMorgan Chase (JPM) were encouraging. And Apple (AAPL) got a much-needed boost from the top tech analysts. However, Goldman’s...
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Sector Detector: Bulls remain unfazed by borderline Black Swans
Despite a highly eventful week in the news, not much has changed from a stock market perspective. No doubt, investors have grown immune to the daily reports of geopolitical turmoil, including Ukraine...
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