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Wednesday
Here goes with our usual larger/smaller degree charts. Overall - larger degree we believe is looking up on all indices. In the smaller degree the continued up-move has been surprising on a purely technical basis - we expected more of a correction from the 2023 index highs.
In staff personal accounts, following alerts in our real-time Growth Investor Pro service, after much success with 3x short index ETFs in recent months, we have sold down the last of our shorts for modest gains (SDOW, TZA, SARK) and modest losses (SQQQ - kept a little of this still) to position for more index upside ahead. We will add back those short ETFs when the setup becomes clearer. Otherwise the long single stock positions continue to move up including on bad earnings (only DT so far has delivered a report better than its prior quarter).
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