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Wednesday 12 June 2013

Stock Market Analysis

Losses were caused by the market's failure to recover
No amount of positive news for certain stocks was able to offset that
However, we're still in profit after today's loss
We'll be looking for bearish signals tomorrow
The market will try to recover again but will most likely fail as the bears proved to be stronger than the bulls today
We also need to look out for the Federal budget balance report at 2pm EDT, though forecast is negative

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