The market has rallied back to a crucial level — here's a breakdown of its chances to breakout

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Here's a check of the technical, sentiment, valuation and cross-asset gauges that could indicate whether the market is in a sturdy ascent or not as it reaches a critical level.

 

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Stock market rally lacks ‘deep roots’ warns Standard Life strategistOur call of the day, from Andrew Milligan, head of global strategy at Standard Life Investments , says some rather fickle money is backing the stock market gains we’ve seen since Christmas.
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Rally warning: The market's win streak could break down at any time, Art Hogan saysNational Securities' Art Hogan is on pullback watch, citing the sheer magnitude of gains in a short period of time. lmao yes it could. Tomorrow, next week, next month, 5 years from now. Literally any time. What an amazing prognostication. So when Trump uses a 'national emergency' to seize corporate assets of many US companies, how will the Supreme Court react. How will the stockmarket react. Think it won't happen? Of course it will. Yet the mkts remain clueless. Do is showing negative this morning, when is the plunge protection team to prop it up like last 6 weeks ?
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The stock market rally to start 2019 is one for the history booksBoth the Dow and Nasdaq have yet to register a weekly decline in 2019, rare for this late in a year. It's one to fool people while causing far more Debt in this very late cycle with a ton of bad economic data Bullshit Trump stock markets breaking more records....... AGAIN!
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The Fed just released minutes from its market-moving meeting — here's what they sayThe Federal Reserve just released minutes of its policy meeting Jan. 29-30, with the market watching closely for clues about the central bank's views on a variety of matters. Seems bullish? The blind, deaf and dumb (federalreserve) leading the blind, deaf and dumber (investors) SCAM erica, Land of the FRAUD, Home of the BRAINLESS. BIGFATUGLYBUBBLE
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UPDATE: Bitcoin Over $4,000 As Ripple's XRP And EOS Climb--Is The Bull Market Back?Bitcoin bears have been in retreat this week as crypto bulls send the bitcoin and wider cryptocurrency market higher by some $10 billion in less than 48 hours... Laura Loomer!
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Despite the market comeback this year, traders worry an earnings decline will kill the bull marketWe are still in the longest bull market on record, yet the entire trading community seems convinced the bull is about to roll over. DUH! Proof is all the lowered Guidance after earnings misses More debt, more inflation, and less on tax returns will greatly hurt this year Sad times for money changers. As someone once said - 'The trouble with Capitalism is sooner or later you run out of Working People's money.' Yeah looking at the Nasdaq this morning I reeeeally believe that.
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