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The major averages stumbled on Tuesday with the S&P 500 (-1.3%) returning below its 50-day moving average (2,047). The benchmark index settled ahead of the Dow Jones Industrial Average (-1.7%), but behind the Russell 2000 (-0.5%). Today after the close the following...
This is a busy week for earnings reporting and today has been a busy day for disappointing earnings guidance. The latter factor more than anything else is the main reason why the S&P futures are trading 1.1% below fair value. A weak durable orders report for December...
 
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