Author: John Pugliano
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Headline causes concern
Today’s Investor’s Business Daily ran a headline in their “The Big Picture” column stating: ‘Stocks Trade Quietly As Bearish Pundits Remain Few ‘. It was the “bearish pundits remain few” phrase that caught my contrarian eye. When euphoria sweeps the market and no one is crying wolf, I get concerned. True enough, the S&P500 keeps…