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Tuesday, May 7, 2024

It’s Time To Take Some Off The Table!

Very little movement this week. We are just shy of the April highs and the market appears to be looking for direction. Next week could provide several catalyst events to move the markets. The elections, the Fed Meeting and QE2 as well as the nonfarm payroll report on Friday. Mix all that up with the recent terror concerns and you could have a recipe for stock market movement. My sense is that we are going down after a nice run up.

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