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Wednesday 15 January 2014

Stock market update

The World Bank expects global economic growth to accelerate in 2014
Bank of America's profit jumps to nearly $3 billion
Most economic news are better than expected, market trend is still bullish

Therefore possibility for S&P 500 to hit a new record later today is increased
Sell S&P 500 @ 1850's risk increased, avoid selling or trade at higher risk, especially if it breaks above 1850

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