Aug 19 The market takes a breather after a strong earnings season

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Market

“As I mentioned over the last few weeks, the market is taking a breather after phenomenal earnings uplift. Expect a 3-5% downturn but nothing dramatic” 😊 😋

With most good earnings reported already, no more news is going to move the market until the Fed news comes. Since the earnings were terrific, the market should take a small breather to the lower side in the next few days to catch up.

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