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Pre-Market Podcast

US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%).

Technical Scans

A lot of stocks overbought but few sell signals indicate a bullish trend to the market currently.
The CBA overbought on a daily basis.
REA hits a 52-week high.
Crypto ETF’s with a daily sell signal.
DTL hits a 52-week high.

Strategy Take

Looking more and more like a bull market.
US CPI didn’t disturb.
Glass half full going into FOMC tonight.
EU and US markets on 52-week highs. Meanwhile in Aus..
Thought of rebuying LNAS in the I

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