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Indicators Still On Yellow Alert

Terence Reilly profile picture
Terence Reilly


  • There were stellar earnings reports last week, but the market was expecting those and sent shares of many of those companies lower.
  • Federal Reserve Chair Powell spoke mid-week, and the market passed on its usual fireworks in response.
  • While there has not been a 5% decline in market averages, there has been a stealth correction going on underneath the surface.

Stock market graph and tecnical analysis stock
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For a week marked on the calendar for some time as a potentially busy week, it was a bit of a snoozer. There were stellar earnings reports, but the market was expecting those and sent shares of many

This article was written by

Terence Reilly profile picture
Former Member of the NYSE, currently a Registered Investment Advisor, concentrating on developing long term investing portfolios for High Net Worth investors and families.

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