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Market Musings^™

Air coming out of the balloon!

A pullback in Apple and declining energy valuations helped move the market decidely lower in today's trading. For the week, the indices remained positive.

Apple sank 1.7% in volume that climbed 39% above its 50-day average. It looks as if our recent short in Apple was ill-timed.

The Simple Timing Indicator remains positive for the NASDAQ but negative for the S&P 500.

The Portfolios and Stock Watch List have been updated for Friday. 

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