• The stock market saw a nice new breakout to an all-time high yesterday.  It’s not seeing much upside follow-through this morning, but that’s not a big problem.  It likely needs to take a short-term “breather” after the recent strong advance…..We cannot count out a “double-top” on its longer-term chart, so the market is still at a key level.  However, another upside follow-though (after a likely short-term “breather”) will be keep the bulls in charge. 

 

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