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David's

Market Week 48


We reach the week were every index sets in a new high. We already have some pullback but only for three days. This post will be a short one due to uninteresting events in the markets.

RTY from Bloomberg

The Russell 2000 got a breakout. Right now everything points to the north. This could be a great run-up on every index. This is where the shorts could burn all of their money.

INDU from Bloomberg

It is hard to write something when everything is so bullish. It could go until the end of December. Not so harsh surging, more like a slow tide rising as you print the money slowly and pump it into the system where nobody has a clue what to do with it so they buy stocks.

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