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On the SPOT™ blog (12/04/2023) [U..]

This morning (PST), all three major US indices are in the red. Commerce department reported that factory orders dropped in October. The decline seems more than estimated. There might be some profit taking after a strong rally. It remains to be seen if there will be a Santa rally and if December lives up to its +ve reputation. Notable potential candidates (as opposed to certainty) for a rally might be companies that are getting added to S&P500 (in the news today).

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