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Tightening And Narrowing

Published 07/24/2014, 02:28 PM
Updated 07/09/2023, 06:31 AM

The perma-rally in the stock market is getting thinner and thinner, both in terms of breadth and daily range. Just take a look at the Dow Jones Composite; this wedge is getting ungodly tight. I realize anticipating a break has been like Waiting For Godot, but I continue to hunt down the best individual short positions, stock by stock -- the domestic ETFs offer, in my opinion, almost no edge right now.

The Nasdaq

Latest comments

Also Timster..better watch that Transportation Index.,,making hundreds of new all time highs the lat 3 years taking it up to this 8500 level,and a huge booster for all other key indexes- I figure it's going to at least 10,000 before it even takes a breather..and that will take EVERYTHING else right up with it. Plan on Dow 20,000.. You're welcome.
The COMP is going to new all time highs back over 5000 soon there Richard Simmons Jr.
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