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The Hunt for a Negative Market Catalyst Continues

James "Rev Shark" DePorre

and Nasdaq have been a little choppier, but all the indices have been steadily trending higher and are not technically extended to some extent. It is quite a drop in earnings growth, but the market has been unconcerned about that issue so far. The Nasdaq is up over 28% off its lows and, by any measure, is extended.