Dr. Julie Peterson-Manz reviews the Around The Horn stock action for January 21, and presents trade ideas that still have the possibility of triggering for January 22.
Based on the recent string of distribution days, bearish momentum will likely cause the S&P 500 to undercut its 50-day moving average in the near-term.
One by-product of President Obama's declaration to end the cozy relationship between the US government and Goldman Sachs is that there could be investors who find the safety of US Treasury bonds more appealing than the risk assets which have been propped up since March 2009 by liquidity provisioning.
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