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The Risk Is Higher In The Market Than It Feels [Seeking Alpha]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The level of greed in the market has not only created extreme valuations with stocks, but it created a tight rope that the broad market had to walk. If 4950 breaks, we will have full confirmation that a top is in as the next move tests the 4800 – 4600 region. Looking for more investing ideas like this one? Get them exclusively at Tech Insider Network. Learn More » Our last broad market report entitled “ The Magnificent 7 are Falling Like Dominoes; Only 3 Remain ” warned investors that risk was building in the markets. Specifically, it was discussed that the current market leaders, deemed the indestructible “Magnificent 7,” were putting in tops one leader at a time. First Tesla put in a top, then Apple, Google and Microsoft, all started making lower highs, while the broad market kept trending higher. As we stated in that report, “When these cycle leaders start underperforming, it usually marks the start of a trend change.” Just days later, the AI powerhouse and market leader,
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