(1) It still looks like a broad-based bull market in stocks. (2) Lots of record high 200-day moving averages. (3) Lots of confirmation. (4) Still a sector-neutral market with lots of outperforming industries. (5) They should continue to outperform. (6) More beats than misses in earnings. Not so for revenues. (7) Revenues more volatile than GDP. (8) Not-so-sweet spot for earnings. (9) Another batch of downers for global economy, especially in Europe.
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