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The Chartman

More Market Pain Likely

The ChartmanFOXBusiness

Despite last Friday’s big day, all I could muster was a “neutral” bias.  That was due to that looming resistance line, which I figured would give the market trouble.

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Trouble indeed, as the market had a rough week. A week that ended poorly with more pain likely to come.

Sometimes “safe” is nice to have.  Take a look at (NYSE:EDV) (which I own.)

As someone who’s starting to push 60, I know healthcare will loom larger and larger.  I like (NYSE:AET) in that space, but only when it becomes a bit stronger.

Back next week to finish up my holiday shopping.  No, I’m not getting a hoverboard.

What do you think?

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