Nasdaq’s Not-Meaningful Drop

At first glance, it would seem the swift swoon on the Nasdaq was kind of a big deal, since it’s been such an unstoppable monster lately.

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But in the grand scheme of things, it’s nothing. Unless we break 7000, the bulls are large and in charge.

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Of far more concern to me is bonds. If this base completes and starts flying higher, the core of my thesis is in trouble.

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Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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