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June 14: Daily Contrarian Reads

My daily contrarian reads for Wednesday, June 14th, 2017.

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Chart of the Day: Track Shoes Anyone? After Lehman, SPY Lost 29% in 3-Weeks and 44% in 3-Months

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Why The Market Will Blow---Picking Up Nickels In Front Of The Steamroller

With the market flickering toward the green side again today, the Fed undoubtedly sees an all clear signal to inch forward by another 25 basis points from the deep corner into which it has painted itself. It might even be emboldened to clarify a tad more its recently announced plan to start shrinking its elephantine balance sheet later this year.

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June 13: Daily Contrarian Reads

My daily contrarian reads for Tuesday, June 13th, 2017.

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Chart of the Day: Buffett Indicator Back To Historical Peaks

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Peak Bull

We can't say for sure that Goldman got up Friday morning with the intent of fleecing its momo mullets (viz. customers) in order to perk up what looks to be a disastrous Q2. But it certainly did release a bombshell of a note about the five stocks that are responsible for 40% and 55% of the S&P 500 and Nasdaq YTD performance, respectively.

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June 12: Daily Contrarian Reads

My daily contrarian reads for Monday, June 12th, 2017.

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Chart of the Day: When It Gets Lonely At The Top----Look Out Below!

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Chart of the Day: Mallmageddon----30,000 Stores Expected To Close Over 2017-2019

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Chart of the Day: No Smoking Gun, No Perp Walk, No Problem!

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