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Strategies & Market Trends : General market lab and commentary

SPY 683.41

+0.2%

4:00 PM EST

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From: Robohogs	9/3/2016 11:53:00 PM
	of 668

Well guys....gonna be an interesting week next week. Mkt looks like it broke out of recent downtrend late Friday. But newsflow not so great - think I was being chastized by pgs for bringing in politics on the Friday HRC news, but how can you discuss policies which could kill the excess profitability of the sector, and it is excess profitability no matter what anyone says, without painting the backdrop? And I strongly suspect the new week will bring more polls with Trump ahead - that to me is the key why bios lagged Friday but did not collapse. I am never both, but I think in my heart of hearts, I do now want HRC to be rewarded for her horrible behavior either. Trump scares me. HRC pisses me off. This thing is not done, either way, no matter what the Dems think though. I bring this up because bios are now at a key juncture. If they do not go up in next few weeks, I think we go back to the bottom of the channels. The moving averages will roll over soon otherwise. Politics will be as important as other news. Just the way it is.

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