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I'm sure there are a few of you out there wondering how a soft employment report translates into yet another new high for stocks. Here is the math equation.
Soft labor market = No QE taper coming anytime soon
Plus the 148K job adds was not truly terrible. It's just another muddle through growth reading which does not spell a future recession. Just more 1.5-2% GDP growth which has been good enough to keep this stock party going. And that became all the easier with the 10 year Treasury rate back down to 2.5% making stocks all the more attractive.
I still think that we have rallied to the point that a consolidation period will now commence. This coming rest period will pave the way for the next leg of the bull market. Make sure you are on the bandwagon to fully profit from the gains ahead.
Lurking in your portfolio could be one--or more!--of the five most commonly held stocks set to collapse as insiders are dumping their own shares at a record pace. And chances are you've got at least one of them in your portfolio right now. You must sell them
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A new report reveals the names of the 5 stocks you need to dump now--the ones the insiders are selling. Don't wait until it's too late.
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You probably never even heard of two of them. Don't miss Kevin's step-by-step explanation of how he personally made +98.7% in less than five months.
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