Tuesday Outlook: Getting Real
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“Investors largely ignore the Super Bowl’s bullish indicator” sang
the headline at MarketWatch Monday. Silly, I thought folks gave up that
nonsense. More important probably are astrological readings and Chinese
New Year forecasts coming to tabloids near you soon… as if.
The week’s highlights will be more earnings, with CSCO heavily watched on Wednesday and lots of Fed-speak intermingled.
Stocks sold-off Monday on lighter volume, with market internals negative:
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