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CNBC indicator is at an all time high!

|Includes: AXP, GOOG, IBM, MSFT, SPDR S&P 500 Trust ETF (SPY), TNA


Oh, boy! CNBC doesn't even report the news anymore, they are terribly concerned about the  industry! Can you figure out which links they want you to click on? This after yesterday's indicator was at a high level as well! I don't have the stats in front of me but generally speaking CNBC ratings go up when the market starts to tank. That's why they have those "special" reports in the after hours to explain why the market is going down and you should be buying stocks.  Or maybe it was this time that Cramer saved the market from the flash crash. When the market goes up, nobody cares, so they have to rely on other tricks...

No setups today. But you can run your stock thru my database to see how I am tracking it, there just 600 or so with a buy signal on 80% of the stocks tracked.