Technical analysis can’t trump fundamentals. Major innovation trends working their way thru the economy with no end in sight. Can indulge in small investor squeezes and the like in the meantime.
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Why the stock market’s big, 1-day bounce might not have room to runA sharp rebound by beaten-down U.S. stocks produced one of the market’s strongest days of the year Wednesday, but one chart-watcher isn’t convinced it means “blue skies ahead.”
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