• It was an uneventful day in the markets yesterday, but we did hear several comments from the Milken Conference that emboldened our very cautious stance on the U.S. economy and the stock market.
  • Alibaba (BABA) is very close to a support level that, if broken, will be quite bearish for the stock on both a short-term and intermediate-term technical basis.
  • Gordon Lightfoot….”If you could read my mind.”
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