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STOCK MARKET BULLETIN
It seems clear that there has been substantial support for the stock market this week, unwarranted by either technical or economic factors. We are, in fact, in the first phase of a bear market. One asks “Could it be the executive (Trump) employing taxpayer money through the ‘Plunge Protection Plan ‘ for political advantage?” Be wary and very careful of acting on stock market strength from today through Tuesday. What looks to be a turn in a bear market may simply be a Trump market manipulation.
Asher Edelman
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